Viking Supply Ships

Report Publication Announcement • Feb 16, 2010

Pressrelease den 16 februari 2010 från Rederi AB Transatlantic (publ)

TransAtlantic signs contract for three of its offshore vessels

TransAtlantic has through its joint venture company, Trans Viking signed a contract with the English company Capricorn Energy Ltd. Capricorn is a wholly owned subsidiary of the British oil company Cairn Energy UK PLC based in Edinburgh.

The two combined AHTS/Icebreaker Balder Viking and Vidar Viking and the newly built AHTS‐ vessel Loke Viking will assist oil drilling west of Greenland, starting in mid June/July 2010. The operation extends over a four month period.

Loke Viking is the first new building in a series of four, being built at shipyard in Spain. The vessel will be delivered in mid‐May and then, after some preparation, heading towards Greenland for its first long‐term mission.

‐ "This is very positive and in line with our strategy to find long‐term contracts to supplement the fleet normal job on the spot market in the North Sea,ʺ says CEO Stefan Eliasson in a comment

For more information please contact CEO Stefan Eliasson, +46 304 67 47 00