Hamburg-based container liner Hapag-Lloyd has entered into a time-charter deal with Greek boxship owner Diana Containerships for one of its Panamax container vessels, the 3,426 TEU m/v Sagitta, built in 2010.

The gross charter rate is USD 9,500 per day for a period of up to minimum July 7, 2017 to maximum August 15, 2017. The charter is expected to commence on May 12, 2017, Diana Containerships said.

This employment is anticipated to generate approximately USD 0.5 million of gross revenue for the minimum scheduled period of the time charter.

Diana Containerships’ fleet currently consists of 12 container vessels, six Post-Panamax and six Panamax ships.