Norwegian Car Carriers (NOCC) has secured long-term employment for one of its two $65m newbuildings from Hyundai Samho Heavy Industries.

The 6,500-car-equivalent-unit (ceu) Liberty Passion (built 2017) has been fixed for up to eight years on a bareboat charter by US-based Liberty Global Logistics, confirms NOCC chief executive Olav Sollie.

“We are not losing money on the deal and are satisfied with the terms,” he said, while not disclosing the rate.

NOCC