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

SKÄRHAMN, Sweden--(BUSINESS WIRE)--Regulatory News:

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.

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.

This information was brought to you by Cision http://news.cision.com