Brief: OSG & AMSC Jointly Announce Extension Of Tanker Charters

Amsc ASA

11/12/2019 21:21

Dec 11 (Reuters) - American Shipping Company ASA  AMSCA.OL :
    * REG-AMERICAN SHIPPING COMPANY ASA : OSG & AMSC JOINTLY
ANNOUNCE
EXTENSION OF TANKER CHARTERS
    * AMERICAN SHIPPING COMPANY-EACH BAREBOAT CHARTER AGREEMENT
EXTENDED FOR ADDITIONAL THREE-YEAR TERMS, FROM DECEMBER 2020 AND
ENDING IN DECEMBER 2023
    * AMERICAN SHIPPING COMPANY-ALL TEN BAREBOAT CHARTER
AGREEMENTS
WITH AMSC HAVE NOW BEEN EXTENDED FOR ADDITIONAL PERIODS
    * AMERICAN SHIPPING COMPANY- OSG EXERCISED OPTIONS TO EXTEND
BAREBOAT CHARTER AGREEMENTS WITH AMSC FOR 4 VESSELS CURRENTLY
UNDER CHARTER FROM AMSC
    * AMERICAN SHIPPING COMPANY- LEASE PAYMENTS FOR BAREBOAT
CHARTERS
ARE FIXED THROUGHOUT OPTION PERIODS

Source text for Eikon:  ID:nGNE6BzQhQ 
Further company coverage:  AMSCA.OL 

 ((Reuters.Briefs@thomsonreuters.com;))