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The Company has agreed to acquire one additional 5,344 TEU Post-Panamax containership built in 1996, the OOCL China, which is expected to be delivered on or prior to July 14, 2012 and will also be chartered to OOCL for a period of thirty-six (36) months plus or minus thirty days (30) at a net daily rate of US$26,465. About Box Ships Inc. Box Ships Inc. is an Athens, Greece-based international shipping company specializing in the transportation of containers. The Company’s current fleet consists of eight containerships with a total carrying capacity of 38,581 TEU and a TEU weighted average age of 6.2 years. After the delivery of the second acquired vessel, the Company will have a fleet of nine vessels with a total carrying capacity of 43,925 TEU and a TEU-weighted average age of 7.4 years. The Company’s shares trade on the New York Stock Exchange under the symbol “TEU.” Box Ships Inc. press release |
Box Ships Inc. announces the delivery of its eighth vessel, the OOCL Hong Kong