Diana Containerships, through a separate wholly-owned subsidiary, has taken delivery of the Pucon, a 2006-built post-Panamax container ship of about 6,500 20-foot-equivalent capacity.
The company entered into an agreement to purchase the vessel on Aug. 8, 2013. Including the newly delivered Pucon, the shipping company's fleet currently comprises 10 container vessels, including two post-Panamax and eight Panamax ships.
The Pucon is chartered to Compañía Sud Americana de Vapores in Valparaíso, Chile, for a minimum of 18 months and a maximum of 30 months at a gross charter rate of $27,900 per day less $150 per day commission paid to third parties. If the vessel is redelivered to the company in any period between the earliest and the maximum redelivery period after delivery, then the charterers will pay a lump sum equivalent to $6,000 per day to the owners for the outstanding period between the redelivery date and up to 30 months. The charter commenced on Sept. 20.
Separately, Diana Containerships announced that it has completed the drawdown of an additional $6 million under the previously announced revolving credit facility of up to $100 million with The Royal Bank of Scotland. The company has now completed the drawdown of a total $98.7 million under the above mentioned revolving credit facility.