Update on financial situation in Viking Supply Ships AB
Press releaseOn 9 June 2016, Viking Supply Ships AB's subsidiary Viking Supply Ships A/S ("VSS A/S") was informed that Norseman Offshore AS has filed an application for bankruptcy against VSS A/S with the Maritime and Commercial High Court in Copenhagen. The company has not yet been officially notified of the petition by the Court. Norseman Offshore AS is the owner of the vessel Odin Viking which is on a bareboat charter with VSS A/S. The petition for bankruptcy is made on the basis of unpaid hire in an aggregate amount of approximately USD 2.5 million. The parties have been in