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Irish Continental ship charter extended

By BFN News | 03:27 PM | Friday 12 April, 2013

Irish Continental's bareboat charter of its vessel MV Kaitaki to KiwiRail,(Interislander), of New Zealand, has been extended for a period of four years from 1 July. This is in direct continuation from the current charter, which was due to expire on 30 June. The charter rate is �?¬3.75m per annum. The agreement also provides for an option for Interislander to extend the charter for a further period of three years from July 2017, at a reduced rate. At 3:27pm: (LON:ICGC) Irish Continental Group share price was -0.17p at 20.17p Story provided by

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