Norwegian Car Carriers (NOCC) has secured period charter employment for all of its seven vessels.
Even its oldest ship, the 6,400-ceu Asian King (built 1998), has been fixed for a year by South Korean operator Hyundai Glovis.
As a tonnage provider, NOCC typically aims to secure long-term charters but is avoiding longer-deal tenures in this market.
Chief executive Olav Sollie is confident the market will recover.