MT Velebit - time charter expires

The time charter for the ice class MR product tanker Velebit has been fully exercised, and according to the contract terms it expired on November 4th 2016 when the redelivery from its charterer took place.

Tankerska Next Generation will align the new employment for the vessel with the market terms and expected hire rates, securing the employment for MT Velebit on the spot market, in order to fully utilize the commercial and operational potential of the vessel within the current market terms.

 

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