Brief: American Shipping Company Enters Two Multi-Year Bareboat Charters

Amsc ASA

13/06/2022 07:17

June 13 (Reuters) - American Shipping Company ASA
 AMSCM.OL :
    * SAID ON FRIDAY ENTERS INTO BAREBOAT CHARTERS FOR TWO OF
ITS
VESSELS COMMENCING IN DECEMBER 2022 WITH KEYSTONE SHIPPING CO
    * HAVE MINIMUM TERMS OF THREE YEARS WHICH MAY BE EXTENDED AT
THE
CHARTERER’S OPTIONS
    * CHARTERS ADD ALMOST USD 60 MILLION TO EXISTING CHARTER
BACKLOG,
EXCLUDING ANY PROCEEDS FROM THE PROFIT SHARE COMPONENT OF THE
CHARTERS

Source text for Eikon:  Id:nWkr5TtpgX 
Further company coverage:  AMSCM.OL  

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