TransAtlantic executes vessel transaction

TransAtlantic executes vessel transaction

ID: 42287

(Thomson Reuters ONE) -


TransAtlantic has divested the RoRo vessel Oak, 12,000 DWT, to foreign buyers.
The transaction will result in a capital loss of approximately SEK 5 M, but will
have a positive impact of approximately SEK 13 M on the consolidated cash
balance. The vessel has been idle since 2009.


For further information, please contact Acting President Stefan Eliasson or Head
of the Industrial Shipping Business Area, Mårten Carlquist at tel: +46 (0)304-67
47 00.


Rederi AB Transatlantic is a leading Swedish shipping company. Operations are
organized into two business areas: Offshore/Icebreaking and Industrial Shipping.
Ships fleet consists of 38 vessels, three anchor handling vessels in order to be
delivered 2010-2011, and ships chartered for shorter periods. The company has
about 1 100 employees.  Its shares are listed on the NASDAQ OMX Stockholm Small
Cap segment.



[HUG#1444112]





Press release PDF:
http://hugin.info/135816/R/1444112/387927.pdf




This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Rederi AB Transatlantic via Thomson Reuters ONE




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Bereitgestellt von Benutzer: hugin
Datum: 13.09.2010 - 15:49 Uhr
Sprache: Deutsch
News-ID 42287
Anzahl Zeichen: 0

contact information:
Town:

Skärhamn



Kategorie:

Business News



Diese Pressemitteilung wurde bisher 195 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"TransAtlantic executes vessel transaction"
steht unter der journalistisch-redaktionellen Verantwortung von

Rederi AB Transatlantic (Nachricht senden)

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