M&A Activity • Apr 4, 2014
M&A Activity
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The 2014 season for "Tor Viking" has been cancelled.
The previously communicated charter agreement for "Tor Viking" applies
to the 2014 and 2015 seasons in sub-Arctic waters with options for 2016
and 2017. The duration of each season is approximately 7 months
including mobilization and demobilization with commencement around May
1st each year.
The drilling season 2014 has now been cancelled by the charterer.
According to the contract VSS will be paid a cancellation fee.
The contract is still valid for the remainder of its periods.
For further information, please contact:
CEO Viking Supply Ships Christian W. Berg: 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: Industrial Shipping and
Viking Supply Ships. The company has about 850 employees and the
turnover in 2013 was MSEK 2 925. The Industrial Shipping 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
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 April 4,
2014 at 08:30am.
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