The 50,000-dwt hull S417 will be charteredfor five years at $16,800 per day on delivery in the third quarter of 2016.

After this, Norden can add a year at$17,600 per day, and then another 12 months at $18,400 per day.

Top already has deals in place for itsother five vessels, with BP taking two and EShips three.

It also filed a registration document on Tuesday for its proposed $30m share issueto pay for the ships.

It