Capital boxships get new MSC charters after fitting scrubbers

Capital boxships get new MSC charters after fitting scrubbers

Capital Product Partners has agreed new long-term time charters with MSC for 8,266 teu boxship pair Agamemnon and Archimidis.

The 2007-built Agamemnon will commence the new charter in the third quarter of 2019, upon completion of scrubber installation and passing of special survey. The 2006-built Archimidis will commence its new charter at the end of the fourth quarter of 2019, also upon completion of scrubber installation and special survey and in direct continuation of its present charter with MSC.

Both charters are through to at least February 2024, and will generate around $44.5m of EBITDA over the median firm period of the charters.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

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