Viking Line Abp — M&A Activity 2022

Dec 8, 2022

Viking Line to sell Rosella as part of its fleet modernization

Viking Line to sell Rosella as part of its fleet modernization

Viking Line Abp                    INSIDE INFORMATION
 08.12.2022, 4.30 PM
Viking Line to sell Rosella as part of its fleet modernization

Viking Line has agreed to sell M/S Rosella to Greek Aegean Sealines Maritime Co.
The workhorse Rosella has served in Viking Line's fleet since 1980.

The vessel's service at Viking Line has come to an end. While Rosella has been
well-maintained and keeps good standards, it will not be able to meet Viking
Line's stringent requirements for minimum environmental performance, especially
for carbon dioxide emissions, in the future.

Rosella will sail under a Greek flag and serve the Aegean Sea.

Viking Line has worked with great focus to modernize its fleet and is evaluating
alternative solutions for its short-distance routes between Sweden and Åland.

The sale price is 11,250,000 euros and will generate an accounting profit of
about 8,600,000 euros during the first quarter of 2023. The vessel will end its
service on January 8, 2023. Delivery will take place during the latter half of
January 2023.
Viking Line Abp

Jan Hanses
President and CEO

Jan Hanses
President and CEO
jan.hanses@vikingline.com
+358-(0)18-270 00

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