Diana Containerships fixes panamax boxship to HMM

Greek owner Diana Containerships has entered into a time charter contract with South Korea’s Hyundai Merchant Marine for 2005-built 5,042 teu panamax boxship Pamina.

The charter, commencing on August 24, is for 8-12 months at a rate of $11,950 per day, substantially higher than the $9,500 currently bering paid by Hong Kong’s OOCL.

Diana says the deal will generate around $2.87m of gross revenue based on the minimum time charter period.

Diana Containerships has a fleet of four containerships, made up of two panamaxes and two post-panamaxes.

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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