Viking Supply Ships A/S has signed new long time charter contract

Viking Supply Ships A/S (VSS) has entered into a time charter contract for one of its AHTS icebreaker vessels (Tor Viking or Balder Viking) with a major oil company. The charter agreement applies to the 2014 and 2015 seasons in sub-Arctic waters with options for 2016 and 2017. The duration of each season will be approximately 7 months including mobilization and demobilization with commencement around May 1st each year.

The charter is for specialized ice management services in sub-Arctic operations. The total contract value for the firm period is approximately MUSD 36,5.

For further information, please contact:
CEO Viking Supply Ships Christian W. Berg: ph + 45 41 77 83 80.


Rederi AB TransAtlantic is a leading Swedish shipping company with headquarters in Gothenburg, Sweden and additional offices in Europe. The company is organized into two business areas: Industrial Shipping and Viking Supply Ships. The company has about 800 employees and the turnover in 2012 was MSEK 3,274. The Industrial Shipping business area consists of three divisions: Bulk, Container and RoRo. The company’s B-shares are listed on the NASDAQ OMX Stockholm, Small Cap segment. www.rabt.se

TransAtlantic is obliged to make this information public according to the Financial Markets Act and/or the Financial Instruments Trading Act (Sw: lagen om värdepappersmarknaden and lagen om handel med finansiella instrument). The information was submitted for publication on March 13, 2013 at 09.15 a.m.