In a statement the owner said it agreed to charter the 3,426-teu Sagitta (built 2010) to AP Moller Maersk for a further ten to 12 months.

Diana told investors that this latest extension carries a gross rate of $7,825 per day, minus a 1.25% commission paid to third parties that were not identified by name.

If all goes according to plan the owner pointed out that the vessel will generate nearly $2.5m