NOCC Extends Charter Contracts for Two Car Carriers

Norwegian Car Carriers ASA has extended the current time charter contracts for “NOCC Kattegat”, a 5,253 CEU car carrier built in 2004, and “NOCC Caspian”, a 5,387 CEU car carrier built in 1987. 

For “NOCC Kattegat” the new time charter contract has a duration of about 12 months and is in direct continuation of the existing contract expiring in the middle of November 2013. The concluded  charter will generate an EBITDA of about NOK 20.9 million during the twelve months charter period.

For “NOCC Caspian” the time charter contract has a duration of about 5 months and is in direct continuation of the existing contract expiring in December 2013. The concluded charter will generate an  EBITDA of about NOK 5.9 million during the five months charter period.

Engebret Dahm, CEO at NOCC comments: “We are pleased to have concluded charter extensions with two of our core customers at, on average, improved charter rates”.

NOCC, November 5, 2013

 

Share this article

Follow World Maritime News

In Depth>

Events>

<< Sep 2018 >>
MTWTFSS
27 28 29 30 31 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

CWC World LNG & Gas Series: 10th Asia Pacific Summit

Bringing together the key LNG buyers and sellers from across the globe, the Summit provides…

read more >

Europort 2018

From 15-17 May 2018, the 12th edition of Europort Romania willl take place in the IDU Hall in Constanta…

read more >

Defence Safety Conference Supported by The Defence Safety Authority, UK MoD

The Defence Safety Conference is the first of its kind exclusively dedicated to safety across the defence domain…

read more >

Singapore International Bunkering Conference and Exhibition (SIBCON)

The 20th edition of the Singapore International Bunkering Conference and Exhibition (SIBCON) will be about inspiring change…

read more >