Norway’s Gram Car Carriers (GCC) expects to land more lucrative contracts for its free capacity in record markets.

The world’s third-largest vehicle carrier tonnage provider said it still has 10% of days open in 2023 and 31% for 2024, with vessels coming up for contract renewals in the coming months.

“The company expects to sign further contracts at high day rates to support future earnings growth and direct shareholder returns through attractive dividends," the owner added.