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Havila Shipping ASA

Legal Proceedings Report Jun 9, 2020

3618_rns_2020-06-09_b0eb67b5-0a31-4ff9-8fff-e22603bb1423.html

Legal Proceedings Report

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Havila Shipping ASA: Shell UK Limited enforces early redelivery of the PSV Havila Crusader

Havila Shipping ASA: Shell UK Limited enforces early redelivery of the PSV Havila Crusader

Shell UK Limited has redelivered the PSV Havila Crusader early.

The vessel was chartered from 18(th) January 2020 for a period of 2 wells firm.

The parties agreed on an estimated charter period of one year.

The parties have different views on the obligation of Shell UK Limited in a

charter party based on 2 wells.

The company will consider which steps to take towards Shell UK Limited as a

result of the early redelivery.

Havila Crusader will be laid up, awaiting improved market conditions.

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 the Norwegian Securities Trading Act

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