The Nasdaq-listed operator says the 3,426-teu Sagitta
(built 2010) will earn $7,250 per day less a 1.25% commission paid to third
parties for seven to 11 months.
The new deal is due to commence on 15
March and is anticipated to generate approximately $1.5m worth of gross revenue
for the minimum period, according to a statement.
When the Athens-based operator landed an
extension from the same charterer in 2011, AP Moller signed up for another two
years at a rate of around $22,000 per day.
At the time, brokers said a limited supply of ships had forced a
number of lines to commit to forward positions as prices skyrocketed. Today, observers say the daily level
applied to the Sagitta is “roughly in line” with the current market average.
