Chief executive Jon Skule Storheill declines to identify thecharterer of the 156,000-cbm WilPrideor the terms involved citing confidentiality clauses.

However he confirmed the deal is a spot fixture and that Awilco isstill working to secure a longer term contract for the vessel.

Storheill added that the company is under less pressureto do so after fixing its sistership on athree-year deal last week and will consider shorter term contracts.