Brief: GC Rieber Shipping: Sale Of Vessel

GC Rieber Shipping ASA

20/08/2020 11:52

Aug 20 (Reuters) - GC Rieber Shipping ASA  RISH.OL :
    * GC RIEBER SHIPPING: SALE OF VESSEL
    * GC RIEBER SHIPPING HAS ENTERED INTO AN AGREEMENT TO SELL
IMR
VESSEL POLAR KING, BUILT AT FREIRE SHIPYARD IN 2011
    * DUE TO SALE, AN IMPAIRMENT OF APPROXIMATELY USD 5 MILLION
FOR
POLAR KING IS EXPECTED TO BE RECOGNIZED AS PER 30.06.2020
    * PROCEEDS FROM SALE WILL BE USED TO REPAY VESSEL'S
OUTSTANDING
DEBT IN FULL.

Source text for Eikon:  ID:nWkr1tSvDb 
Further company coverage:  RISH.OL 

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