TransAtlantic in new partnership with Outokumpu Stainless Oy and Outokumpu Chrome Oy

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

TransAtlantic has been awarded a two-year contract jointly with Outokumpu Stainless Oy and Outokumpu Chrome Oy for transportation of both import and export cargoes to and from the plant in Tornio.

Outokumpu is the global leader in stainless steel and high performance alloys, with a market share of about 40% in Europe and 12% worldwide.

“TransAtlantic was a natural choice for us due to their presence in the Bay of Bothnia,” says Pekka Harjuoja, Shipping Manager at Outokumpu. “Our competitiveness on the market requires an efficient and sustainable supply chain and TransAtlantic offered the best solution.”

Outokumpu has stainless steel productions in Tornio, Finland and in Krefeld, Bochum, Dillenburg, Dahlebrück and Benrath in Germany. They also have a finishing unit in Terneuzen, the Netherlands, a chromium mine and ferrochrome operations in Kemi and Tornio.

“I am very pleased to announce the start of this new cooperation where we become one of the main logistic suppliers to Outokumpu by sea,” says Heléne Mellquist, President of TransAtlantic’s business area Industrial Shipping. “TransAtlantic has a strong presence in the Bay of Bothnia based on ice competence and a competitive logistics system. Outokumpu will be one of our main customers and we look forward to developing further business in the next few years.”

Rederi AB TransAtlantic (RABT) is a leading Swedish shipping company with headquarters in Gothenburg, Sweden and additional offices in Europe. The company is organized into two business areas: Viking Supply Ships and Industrial Shipping. Viking Supply Ships, operating within offshore and icebreaking, is also a wholly owned subsidiary of RABT. The Industrial Shipping business area consists of three divisions: Bulk, Container and RoRo. The Group has about 800 employees and the turnover in 2012 was MSEK 3,274. 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 April 29, 2013 at 09.00 a.m.

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

Contacts

Head of Corporate Communications, TransAtlantic
Carina Dietmann, ph: +46 31 763 2334

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Contacts

Head of Corporate Communications, TransAtlantic
Carina Dietmann, ph: +46 31 763 2334