Svithoid Tankers renegotiates time charters for Mt Vedrey Tora and Mt Vedrey Thor

Svithoid Tankers renegotiates time charters for Mt Vedrey Tora and  Mt Vedrey
Thor 

Svithoid Tankers latest new buildings, Mt Vedrey Tora (3.515 dwt) and Mt Vedrey
Thor (3.515 dwt), were previously on seven year time charters to the British
shipping company James Fisher Everard Ltd. These contracts have now been
renegotiated where Mt Vedrey Tora will enter a four year bareboat charter while
Mt Vedrey Thor's seven year time charter is altered to a five year time charter.
The agreed charter party changes are expected to improve the financial result.  


For further information please contact:

Fredrik Nygren, Managing Director
Tel: +46 8 546 999 42
E-mail: fredrik.nygren@svithoidtankers.com

Sven Lundgren, Deputy Managing Director
Tel: +46 8 546 999 44
E-mail sven.lundgren@svithoidtankers.com