New Charter Contract for Car Carrier ‘NOCC Caspian’ (Norway)

Norwegian Car Carriers ASA has entered into a time charter contract for the 100% owned car carrier “NOCC Caspian” for duration of about 12 months with commencement in early December 2012.

The concluded time charter rate is higher than the rate on the current charter and will generate an EBITDA of about NOK 13.5 million during the twelve months charter period.

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Norwegian Car Carriers, October 11, 2012