The new charters replace contracts due to end Dec. 31, 2026, and set work for the two vessels at least until Oct. 1, 2027. Premium rates and a three-year renewal structure support income, though index-linked pay can change.
That gives the company more certainty about work for two ships beyond the old contract end date. Premiums over the Baltic 5TC index support pay, though an index-linked rate can change as the index moves.
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