GC Rieber Shipping: Nexans extends the charter for Polar King

Stock Exchange Notice Date: 25 November 2019 GC Rieber Shipping: Nexans extends the charter for Polar King Reference is made to the stock exchange notice dated 3 October 2019.Nexans Skagerrak AS, a wholly owned subsidiary of Nexans Norway AS, have today declared a five-month extension for the CSV Polar King, making the charter firm until July 2020. For further information, please contact: Einar Ytredal, CEO, GC Rieber Shipping, phone: +47 975 20 184 Christoffer Knudsen, CCO, GC...

Stock Exchange Notice
Date: 25 November 2019

GC Rieber Shipping: Nexans extends the charter for Polar King

Reference is made to the stock exchange notice dated 3 October 2019.

Nexans Skagerrak AS, a wholly owned subsidiary of Nexans Norway AS, have today declared a five-month extension for the CSV Polar King, making the charter firm until July 2020.

For further information, please contact:

Einar Ytredal, CEO, GC Rieber Shipping, phone: +47 975 20 184
Christoffer Knudsen, CCO, GC Rieber Shipping, phone: +47 926 18 226

About GC Rieber Shipping:

GC Rieber Shipping's business within offshore/shipping includes ownership in specialized vessels, high quality marine ship management and project development within the segments subsea, ice/support and marine seismic.

The group has a specialized competence in offshore operations in harsh environments as well as design, development and maritime operation of offshore vessels. GC Rieber Shipping currently operates 13 and has direct and indirect ownership in 22 advanced special purpose vessels for defined markets within the subsea, ice/support and marine seismic segments.

The company has its headquarter and a ship management office in Bergen, and an additional 50% ship management company in Yuzhno-Sakhalinsk (Russia). The Company is listed on Oslo Børs with ticker RISH.

Further information is available on the company's website www.gcrieber-shipping.com.