Viking Supply Ships has entered into a contract with an Oil major for the Ice-classed AHTS “Brage Viking”

Viking Supply Ships has entered into a contract with an Oil major for the charter of “Brage Viking” commencing 1stof April 2015. The duration is for 2 years and 8 months firm, plus options to extend the contract with a total of 18 months. The contract necessitates certain investments in the region of USD 5-7 million, we expect around 4 week’s off hire for the yard stay.

The contract value including options is around USD 100 million.

The contract reflects the area of operation, the ice-classed ship and the competencies of the Viking team 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 March 27, 2015 at 11:30 a.m.

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