Brief: GC Rieber Shipping: Sale Of Vessel

GC Rieber Shipping ASA

22/02/2021 06:52

Feb 22 (Reuters) - GC Rieber Shipping ASA  RISH.OL :
    * GC RIEBER SHIPPING: SALE OF VESSEL
    * SALE IS EXPECTED TO BE COMPLETED IN MARCH 2021
    * HAS ENTERED INTO AN AGREEMENT TO SELL IMR / WALK-TO-WORK
VESSEL
POLAR QUEEN, BUILT AT FREIRE SHIPYARD IN 2011
    * SALE WILL RESULT IN A POSITIVE LIQUIDITY EFFECT OF
APPROXIMATELY
NOK 22 MILLION AFTER REPAYMENT OF VESSEL`S OUTSTANDING DEBT
    * GANGWAY ONBOARD VESSEL IS EXCLUDED FROM SALE AND WILL
REMAIN AN
ASSET FOR GC RIEBER SHIPPING'S VESSELS.

Source text for Eikon:  ID:nWkr4TRPSc 
Further company coverage:  RISH.OL 

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