Legal Proceedings Report • Oct 14, 2014
Legal Proceedings Report
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Early termination of contract for Loke Viking
As previously communicated, Viking Supply Ships has entered into an
agreement with a major oil company for the charter of four AHTS vessels.
The contract applies to the drilling seasons 2014 and 2015, with options
for the drilling seasons 2016 and 2017. The drilling season is expected
to commence around May each year.
Viking Supply Ships has received an early termination for AHTS vessel
Loke Viking, which applies for the 2015 drilling season, as well as
remaining optional periods of the contract.
Viking Supply Ships is entitled to an early termination fee.
For further information, please contact:
Christian W. Berg, CEO, Viking Supply Ships, ph. +45 41 77 83 80
Rederi AB TransAtlantic is a leading Swedish shipping company with
headquarters in Gothenburg, Sweden and additional offices in Europe. The
company is organized into two business areas: TransAtlantic and Viking
Supply Ships. The company has about 780 employees and the turnover in
2013 was MSEK 2 925. The TransAtlantic business area consists of three
divisions: Container, RoRo and Bulk. The company's B-shares are listed
on the NASDAQ OMX Stockholm, Small Cap segment. www.rabt.se
Rederi AB TransAtlantic is obliged to make this information public
according to the Financial Markets Act and/or the Financial Instruments
Trading Act (Sw: lagen om värdepappersmarknaden and lagen om handel med
finansiella instrument). The information was submitted for publication
on October 14, 2014 at 16:00.
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