Business seems promising for Gram Car Carriers with "unprecedented" day rates

Large demand and limited supply of car vessels are behind an unusually good period for Gram Car Carriers. Day rates for one-year contracts could surpass USD 100,000, according to analyst firm.

Photo: Rodrigo Garrido/Reuters/Ritzau Scanpix

With charter deals for two of Gram Car Carriers’ vessels at ”exceptionally high” rates, the future seems bright for the Norwegian company, according to Clarksons Platou.

One of the deals, concerning panamax vessel Viking Adventure, has been made at day rates of USD 60,000, while the other deal regarding a mid-sized ship named Viking Coral will bring in day rates of USD 35,000.

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