EuropeOperations

Gram Car Carriers adds close to $128m in long-term deal for two ships

Oslo-listed Gram Car Carriers has sealed two five-year timecharter deals with a major operator for its mid-size vessels Viking Diamond and Viking Ocean, adding a total of $127.8m of future revenue to the contract backlog.

Both vessels will start the new contracts in the first quarter of 2023 upon completion of their current charters.

The charters for the 4,200 ceu ships are structured with a tapered dayrate profile, starting at $50,000 per day per vessel for year one, before declining stepwise to $20,000 per day per vessel for year five.

The world’s third-largest tonnage provider within the pure car truck carriers segment said that following the latest fixtures, it had 30% and 58% revenue days open for 2023 and 2024, respectively.

Adis Ajdin

Adis is an experienced news reporter with a background in finance, media and education. He has written across the spectrum of offshore energy and ocean industries for many years and is a member of International Federation of Journalists. Previously he had written for Navingo media group titles including Offshore Energy, Subsea World News and Marine Energy.

Comments

  1. Thanks for posting the information on Gram car carrier chartering two mid sized vessels for a whopping $128 m for 5 years contract for transporting vehicles. This is the best news post- Covid-19 pandemic and will be remembered for the guts and confidence exhibited by both the parties to the charter contract and supporting and reviving the global shipping industry to regain its past glory. Hats off to Adis and his team for posting the information.

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