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Havila Shipping ASA

M&A Activity Mar 3, 2017

3618_rns_2017-03-03_9d43d68b-43d9-4d96-8757-4a4bd40a94f7.html

M&A Activity

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Havila Shipping ASA: Total E&P UK has exercised two options for the PSV Havila Commander

Havila Shipping ASA: Total E&P UK has exercised two options for the PSV Havila Commander

Total E&P UK Ltd has exercised remaining optional periods for the 2010 built PSV

Havila Commander.

The remaining optional periods are two - each of one year of which both periods

are exercised keeping the vessel on firm contract until 16(th) April 2019.

The dayrate reflects the market conditions and remains confidential between the

parties.

Contacts:

CEO Njål Sævik, +47 909 35 722

CFO Arne Johan Dale, +47 909 87 706

This information is subject to the disclosure requirements pursuant to section

5 -12 of the Norwegian Securities Trading Act.

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