$NEWL The gross earnings from the employment of all five vessels are expected to be $12.65 million per year. All five vessels are expected to generate an aggregate of approximately $5.61 million of EBITDA per year assuming an aggregate of $7.04 million of yearly operating expenses. Four of the five bitumen tanker vessels are trading on the spot market and the Nepheli is on a period time charter until August 2015.
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