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OTS: Tankerska next generation d.d. – MT Pag delivered and will be handed over to its charterer

Author: Zoran Popijač
Zadar (HinaOTS) - Tankerska Next Generation Inc. from Zadar, Božidara Petranovića 4, OIB: 30312968003, is issuing as follows:
 The delivery of the MT Pag took place on December 4th 2015 in the South Korean shipyard SPP Shipbuilding. MT Pag is a modern eco designed product tanker of 49,900 dwt, and the fourth and last in a series of newbuildings delivered from Korean shipyards during 2015. With this delivery, the total capacity of Tankerska Next Generation's fleet has increased to 300,000 dwt, and the average  age  of  the  fleet  has been brought down to well below two years.
 Tankerska Next Generation's fleet will now have six operational vessels, as MT Pag's commercial exploitation starts shortly after the delivery with a 12-month time charter deal at approximately USD 19,300 per day. Charterers have an option to extend the deal for maximum six months at approximately USD 19,500 per day, to be declared the latest 60 days prior to expiration of the time charter. The employment for MT Pag was secured in November, and the achieved conditions which outperform the level of fixtures achieved earlier this year, will further strengthen the financial position of the company during 2016. 

Source of Information:
Tankerska Next Generation d.d.
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

(HinaOTS)

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