NOCC Inks Charter Contract for Car Carrier ‘Vinni’ (Norway)

Business & Finance

Norwegian Car Carriers ASA has entered into a time charter contract for the 51% owned car carrier “Vinni” for a duration of about 9 months with commencement at the end of January 2013.

The concluded time charter rate is slightly above the rate on the current charter and is estimated to generate an EBITDA of about NOK 3.4 million during the nine months charter period.

[mappress]

NOCC, January 10, 2013