Gram Car Carriers ASA announced that the company has signed a five-year contract with Zim Integrated Shipping Services Ltd. ("Zim") for the mid-size vessel MV Viking Sea (4,200 CEU), until the fourth quarter of 2027. The agreed contract has an average day rate of USD 30,612 over the charter period, providing a total contract value of approximately USD 55.8 million. The Viking Sea is currently on a 12-month time charter to a wholly owned subsidiary of Zim until October 2022, trading mainly between Far East Asia and Europe.

The new contract will commence in direct continuation to the current charter.