Viking Supply Ships enters into new contract for the Ice-breaking AHTS “Vidar Viking”

The final option of the existing contract for the vessel Vidar Viking, which secures work until 1 December 2015, has been exercised. Further, Viking Supply Ships has entered into a new contract with an oil and gas company for “Vidar Viking” commencing 2 December 2015 in direct continuation of present contract. The duration of the new contract is for 8 months firm, plus options to extend the contract with a total of 6 months.

The contract value for the new contract including options is around USD 45 million.

The contract reflects the area of operation, the ice-breaking ship and the competencies of the Viking organisation regarding operations in ice.

For further information, please contact:

Christian W. Berg, CEO, Viking Supply Ships, 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: TransAtlantic and Viking Supply Ships. The company has about 800 employees and the turnover in 2014 was MSEK 3,190. The company’s B-shares are listed on the NASDAQ OMX Stockholm, Small Cap segment. www.rabt.se

Rederi AB 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 April 7, 2015 at 08:30 a.m.