Diana Containerships fixes panamax boxship to CMA CGM at improved rate

Diana Containerships fixes panamax boxship to CMA CGM at improved rate

Greece’s Diana Containerships has entered into a time charter contract with CMA CGM for 2001-built panamax containership Domingo for a period of eight to eleven months.

The new charter, at gross charter rate of $8,500 per day, commences on September 15. The rate is substantially higher than the $6,000 per day currently being paid by Nile Dutch Africa Line.

The 3,739 teu vessel will generate around $2.04m of revenue for Diana Containerships based on the minimum time charter period.

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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