Diana Containerships extends time charter contract for m/v Domingo with CMA CGM
Diana Containerships 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 $12,800 per day, minus a 3.5% commission paid to third parties, for a period of minimum eight months to maximum eleven 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 $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 $3.07M of gross revenue for the minimum scheduled period of the time charter extension.