Belships — Regulatory Filings 2017

Jun 2, 2017

Belships ASA secures ultramax newbuilding

Belships ASA secures ultramax newbuilding

Belships ASA has signed an agreement to charter in an Ultramax bulk carrier of

63,000 dwt to be delivered from Imabari Shipbuilding first half 2020. The

charter period will be for minimum 8 years plus two yearly options, with

purchase option from end of fourth year.

Through this new agreement, Belships ASA will have four Ultramax bulk carriers

with eco-design from Imabari Shipbuilding. Two ships are delivered and in

service for Cargill and Canpotex respectively. The next newbuilding to be

delivered in January 2018 and is presently unfixed.

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.