Gram Car Carriers (GCC) could see a big jump in its share price if vessel values start to rise in record markets.

Shipping analysts have been full of praise this week for the Oslo-listed company’s latest long-term charter, and believe there is more upside to come.

The Norwegian tonnage provider fixed its 4,900-ceu mid-sized Viking Passama (built 2012) out to Wallenius Wilhelmsem Group subsidiary Armacup, a specialist in shipping used cars, for six years.