Gram Car Carriers has agreed a five-year charter with Zim Integrated Shipping Services for a mid-sized pure car/truck carrier (PCTC) in a deal worth $55.8m.

The Oslo-listed car carrier owner said the 4,200-teu Viking Sea (built 2011) would earn an average day rate of $30,612 over the charter period.

Zim already has the vessel on a 12-month time charter until October 2022 at $25,500 per day and this new charter will extend that employment to the fourth quarter of 2027.