Norwegian Car Carriers Extends Charter Contract for ‘NOCC Kattegat’

Norwegian Car Carriers ASA has extended the current time charter contract for the 100% owned car carrier “NOCC Kattegat” for a duration of about 9 months with commencement in mid February 2013.

The concluded time charter rate is slightly below the rate on the current charter and is estimated to generate an EBITDA of about NOK 12.8 million during the nine months charter period.

[mappress]

NOCC, January 3, 2013