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OTS: Tankerska Next Generation Inc. - MT Vinjerac - time charter contract expires

Zadar (HinaOTS) - Tankerska Next Generation Inc. from Zadar, Božidara Petranovića 4, OIB: 30312968003, is issuing as follows: 

Time charter contract for the conventional MR product tanker Vinjerac has been fully exercised, and according to the contract terms it expired on May 20th 2016 when the redelivery from its charterer took place. 

Tankerska Next Generation will secure employment for MT Vinjerac on the spot market, aligning the new employment with the market terms and expected hire rates, while implementing strategic concepts of employment that focus on creating strong cash flow to ultimately support creating additional value for its shareholders.

Tankerska Next Generation Inc.

Source of Information:
Tankerska Next Generation Inc.
Božidara Petranovića 4
23000 Zadar
Informations to shareholders:
Tel: 023 202 132
Fax: 023 250 580
e-mail: info@tng.hr
web: www.tng.hr
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