Tankerska Next Generation Finds Work for Two Eco Ships

tankerIllustration; Image Courtesy of Shaah Shahidh on Unsplash

Croatian joint stock shipping company Tankerska Next Generation (TNG) has secured new time charter contracts for two of its eco-class product tankers.

On May 17, TNG said it agreed a 6 to 12-month time charter employment for one unidentified eco tanker.

The ship will be chartered out to an unnamed charterer at around USD 17,000 par day under regular market terms.

What is more, TNG secured an additional 6-month time charter for another eco-class tanker on May 24.

As informed, the vessel will be chartered out to a US charterer at approximately USD 17,100 per day.

The time charter will commence immediately and the charterer has an option to extend the contract for up to 12 months.

“The negotiated conditions are thoroughly in line with the company’s strategic concept that focuses on the efforts to secure a strong asset base and stable cash flow,” TNG said.

“In doing so, TNG minimizes the risk of its business operations, by means of balancing the employment of the fleet on voyage charter while still laying emphasis on time charter contracts,” the company added.

In Depth>


<< Oct 2019 >>
30 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

CruiseConnect Global 2019

Attend CrewConnect Global and stay on for the CruiseConnect Summit to take part in an industry-wide conversation focused…

read more >

CEDA Dredging Days 2019

CEDA Dredging Days programme will follow its successful format of contributed peer-reviewed…

read more >

Offshore Wind Europe 2019

#OWEU19 is a meeting place for governments, developers and suppliers to grow the confidence in wind power. Perfect to grow your business by securing new customers, meeting officials and industry heads.

read more >

6th Mozambique Gas Summit & Exhibit

This year’s edition will have a revamped programme for attendees.

read more >