American Shipping Company ASA: Mandatory notification of trade

Peter D. Knudsen, board member of American Shipping Company ASA ("AMSC" or the "Company"), has today acquired 3,000 shares in AMSC through the company Vilja AS. The price per share was NOK 32.90, which implies a total consideration of NOK 98,700. Following the transaction, Vilja AS holds a total of 8,000 shares in AMSC, constituting approximately 0.013% of the Company's shares and votes.

This information is subject to the disclosure requirements pursuant to Regulation EU 596/2014 (MAR) article 19 number 3 and the Norwegian Securities Trading Act section 5-12.