Hunter Tankers AS, a wholly owned subsidiary of Hunter Group ASA, announced on Wednesday (Mar18) that Hunter Atla, Hunter Laga and Hunter Freya each have entered into a six-month time charter agreement (TC) on an average day rate of approx. USD 80,000 per day, significantly de-risking second and third quarter cash flow. 

Hunter Tankers enters into a six-month time charter agreement for three VLCC
Caption: Crude oil tanker Hunter Atla - Image courtesy of Krystyan Benne Aranzado

The TCs will commence immediately following completion of current spot voyages.

Hunter Saga will remain in the spot market through the Tankers International Scrubber Pool, where she will be joined by Hunter Disen in May/June, Hunter Idun in June/July and Hunter Frigg in July/August.

Source: Hunter Tankers