Croatia's Tankerska Next Generation (TNG) has fixed out another of its MR tankers on a period charter.

The company said the 53,000-dwt conventional ice-class ship Velebit (built 2011) has won a year's deal at $14,500 with a prominent charterer.

"Additionally, the charterer has an option to extend the contract for an additional eight months at approximately $15,500 per day," it added.

"The achieved conditions are thoroughly in line with the company's strategic concept that focuses on the efforts to secure a strong asset base and stable cash flow.

"By doing so, TNG minimises the risk of its business operations by emphasizing our time charter position while balancing the remainder of the fleet on voyage charter."

Last week, the company said another of its ships was fixed for a year at $16,000 per day.

Brokers said this was the 49,000-dwt Dalmacija (built 2015), taken by Trafigura.

Sources claimed Trafigura also fixed TNG's 49,000-dwt Zoilo (built 2005) on similar terms.