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Reference Is Made to The Stock Exchange Announcement Dated 13 February 2013

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Core prompt: GC Rieber Shipping - extension of the option agreement with Kleven Maritime Tuesday, Sep 03, 2013 Reference is made to the stock exchange annou

GC Rieber Shipping - extension of the option agreement with Kleven Maritime Tuesday, Sep 03, 2013

Reference is made to the stock exchange announcement dated 13 February 2013, regarding an agreement between GC Rieber Shipping ASA and Kleven Maritime AS about building a 3D highcapacity seismic vessel with ice-class 1A*. The agreement was entered with an option for one additional vessel of the same type.

The parties have today entered a supplementary agreement of extending the option to the end of November 2013.

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 unique competence in offshore operations in harsh environments as well as design, development and maritime operation of seismic vessels.

GC Rieber Shipping currently operates 15 advanced special purpose vessels for defined markets within the subsea, ice/support and marine seismic segments, of which 11 are owned by the company. In addition, the company has one subsea vessel under construction for delivery spring 2014, and one seismic vessel for delivery spring 2015.

 
 
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