TransAtlantic publishes Year-end report for 2013, proposes a rights issue of about SEK 150 M and discontinues TransPal Line
Year-end report 2013The fourth quarter 2013 has, in line with the year 2013 as a whole, been a period marked by a high activity level in both business areas. Viking Supply Ships entered into a contract with a major oil company for four AHTS vessels for the drilling seasons of 2014 and 2015, with options for 2016 and 2017. Industrial Shipping is facing continued weak market conditions. Despite focus on restructuring and efficiency measures the business area has not been able to counteract the volume decline, resulting in an unsatisfactory financial performance. However, the fourth quarter