Evergreen takes on cheap charters

Taipei: Costamare Inc has bought the 1997-built, 2,458 teu container vessel Messini (formerly the Pembroke) for US$6.8m.

"The purchase price for the Messini, which is close to her estimated scrap value, together with the time charter arranged, allows us to generate healthy returns and eliminate residual value risk," said Costamare CFO Gregory Zikos.

The vessel, which was delivered at the beginning of August, will be chartered by Evergreen for a period of 18 months at a daily rate of $8,100. The vessel is expected to be delivered to her charterers by September 23.
The company has also agreed to charter to Evergreen an existing vessel in its fleet, the Konstantina, which is a 1992-built, 3,351 teu containership, for one year at a daily rate of $7,550. The vessel is expected to be delivered to her charterers in October 2012. 
[03/09/12]

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