The charterer of Catherine Grace and Madelyn Grace has exercised options extending both MR product tankers’ employment by 12 months, Splash247 reports, citing Tufton Assets’ third-quarter update.

The article says the October extensions are at rates above the vessels’ previous firm periods, but does not state the new daily rates for this pair. It separately reports that Mia Grace was fixed in September at $39,000 per day for 12 to 14 months.

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Source: Splash247 · original report