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TransAtlantic: Viking Supply Ships has entered into a contract with a major oil company for the AHTS vessel “Tor Viking”

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

Viking Supply Ships (OSE:VSS01) has entered into a contract with a major oil company for the charter of “Tor Viking” in the Far East region, commencing in June 2014. The duration is for 11 months firm, plus options to extend the contract with 2 x 6 months subject to availability. The contract strengthens the company’s position within harsh environment operations.

The value of the firm period of the contract is around USD 34.5 million.

Rederi AB TransAtlantic (STO:RABTB) 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 780 employees and the turnover in 2013 was MSEK 2 925. The Industrial Shipping business area consists of three divisions: Container, RoRo and Bulk. 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 June 17, 2014 at 08:30 am.

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

Contacts

Viking Supply Ships
Christian W. Berg, CEO
Ph. +45 41 77 83 80