Diana Containerships Inc. Announces Direct Continuation of Time Charter Contract for M/V Domingo With CMA CGM
DIANA CONTAINERSHIPS (DCIX)
Last diana containerships earnings: 7/25 07:30 am
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dcontainerships.com/investors
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Source: GlobeNewswire
ATHENS, Greece, July 10, 2018 (GLOBE NEWSWIRE) -- Diana Containerships Inc. (NASDAQ:DCIX), (the “Company”), a global shipping company specializing in the ownership of containerships, today announced that, through a separate wholly-owned subsidiary, it has agreed to extend the present time charter contract with CMA CGM, Marseille, for one of its Panamax container vessels, the m/v Domingo. The gross charter rate is US$12,800 per day, minus a 3.5% commission paid to third parties, for a period of minimum eight (8) months to maximum eleven (11) months. The new charter period will commence on August 3, 2018. The m/v Domingo is currently chartered, as previously announced, at a gross charter rate of US$8,500 per day, minus a 3.5% commission paid to third parties. The “Domingo” is a 3,739 TEU container vessel built in 2001. The employment extension of “Domingo” is anticipated to generate approximately US$3.07 million of gross revenue for the minimum scheduled period of the time charter e
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