ANNOUNCEMENT IN RELATION TO LEASED-IN VESSEL “LEWEK AVIOR”
1. VOLUNTARY REDELIVERY OF LEASED-IN VESSEL LEWEK AVIOR BY EOPL AS ACCEPTED BY OWNER 1.1 The Board of Directors (the “Board”) of Emas Offshore Limited (the “Company”, together with its subsidiaries and associated companies, the “Group”) wishes to announce that a notice of termination dated 29 March 2018 (“Avior Notice of Termination”) was given to Emas Offshore Pte. Ltd. (“EOPL”), an indirect wholly owned subsidiary of the Company, to terminate the Bareboat Charter dated 26 April 2011 (“Avior Charter”) between Marina Aquata Shipping Pte. Ltd. (the “Owner”) and EOPL in