Early Contract Termination for Loke Viking

As previously communicated, Viking Supply Ships has entered into an agreement with a major oil company for the charter of four AHTS vessels. The contract applies to the drilling seasons 2014 and 2015, with options for the drilling seasons 2016 and 2017. The drilling season is expected to commence around May each year.

Viking Supply Ships has received an early termination for AHTS vessel Loke Viking, which applies for the 2015 drilling season, as well as remaining optional periods of the contract.

Viking Supply Ships is entitled to an early termination fee.