Chanderpaul, the mainstay of West Indies' batting, was at the crease for more than 24 hours while averaging 148.66 during England's 3-0 home win in a four-Test series earlier this season.
He also scored 116 not out in the second one-day international at Edgbaston, a match West Indies won as they came from behind to claim the three-match series 2-1.
Chanderpaul, 32, is due to join the squad on Saturday, replacing New Zealand all-rounder Scott Styris as one of Durham's overseas players, and will be with Durham until September's inaugural World Twenty20 championship in South Africa.
The north-east county hope he will be available for Sunday's Pro 40 one-day match away to Surrey at Guildford.
Chanderpaul has a Test average of over 46 and Durham hope to gain from his experience when they face Hampshire in the Friends Provident Trophy one-day final on August 18 - their first showpiece match at Lord's where his West Indies team-mate Daren Powell could be leading the opposition attack.
Durham head coach Geoff Cook said: "Signing a player of Shiv's class is a statement of our intent for the rest of the season.
"He is in exceptional form at the moment and will provide valuable middle-order runs while demonstrating what it takes to be a world-class batsman to some of our younger players.
"With a number of important games and obviously the Lord's final on the horizon, adding Shiv to the squad will give us extra batting options as we strive to make this Durham's most successful season."