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OTS: Tankerska Next Generation Inc. - MT Velebit time charter expired

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

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.

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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