What Crew Members Say About Shimin

Performance Shipping, the Greek maritime company once known as Diana Containerships and headed by Symeon Palios, has successfully finalized the sale of its panamax containership, Pamina, a vessel built in 2005. The transaction was valued at $9.125 million, while the current fair market value sits slightly higher at $9.7 million according to MSI. The vessel, which boasts a capacity of 5,040 TEU, is expected to be delivered to its new owner, an unaffiliated third party, by November 15. This sale marks a significant move in Performance Shipping's strategic portfolio management as they continue to navigate the evolving shipping market.

In an exciting development in the shipping industry, OOCL has successfully secured a new charter agreement that will have its vessels operating for a duration of 7 to 12 months across the Far East, Australia, and New Zealand. This charter is set to generate daily earnings of $9,500, enhancing OOCL's operational capacity in these vital trade regions. With this strategic move, OOCL is poised to strengthen its presence and service quality in the competitive maritime market.

Diana Containerships has successfully welcomed the m/v "Santa Pamina" into its fleet as of November 28, 2014. The delivery of this 2005-built Panamax container ship, boasting a capacity of approximately 5,000 TEU, was facilitated through a wholly-owned subsidiary. The acquisition was officially sealed on November 5, 2014. Currently, the "Santa Pamina" is on a charter agreement with The Shipping Corporation of India Ltd., securing a daily gross charter rate of $9,500, with a 5% commission to third parties deducted. This charter is set to extend from a minimum of March 16, 2015, to a maximum conclusion by May 15, 2015. With the addition of the "Santa Pamina," Diana Containerships Inc. enhances its operational capabilities, expanding its fleet to a total of 11 container vessels, which includes 4 Post-Panamax and 7 Panamax ships.