Norwegian Car Carrier in time charter contract for NOCC Caspian
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 Company press release said.
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.
About NOCC
Norwegian Car Carriers ASA is a shipping company listed on the Oslo Stock Exchange with the ticker NOCC. The company has a fleet of 13 vessels for the transportation of cars and other rolling cargoes.