Baltica contract with Sea-Cargo
We have time-charterered Baltica to Sea-Cargo for a minimum period of 4 months January-April 2021. Additionally Sea-Cargo has options to extend the contract until end 2023.
Baltica will be used in Sea-Cargo liner service between Norway, Denmark, the Netherlands and UK.
Sea-Cargo operates a fleet of multipurpose vessels designed for operational flexibility. The vessels combines roro, side door, containers and through hatch capacity.
More info www.sea-cargo.no.
Misana and Misida in Sea-Cargo traffic
Misana started her traffic for Sea-Cargo in August and Misida in November.
When the Baltica traffic starts we will thus have three of our seven vessels on charter to Sea-Cargo.
Link Star contract extended
We have extended the contract for Link Star with UPM so that it is now valid until end March with an option for UPM to extend until end May 2021.
Link Star will continue in UPM liner system traffic mostly between ports in Finland, Germany and Spain.
More info www.upm.com.
Compared to half a year ago the market situation in the roro segment is now much better. The rates are still low but it is a big improvement that we will as from January 2021 have all seven ships back in traffic and all crew back at work.
Dan Mikkola, email@example.com, phone +358-50-5244123