"Polar Queen" solgt som "Falkor (too)"

Refvik

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GC Rieber Shipping: Sale of vessel

GC Rieber Shipping has entered into an agreement to sell the IMR / Walk-to-Workvessel Polar Queen, built at Freire Shipyard in 2011. The gangway onboard the vessel is excluded from the sale and will remain an asset for GC Rieber Shipping's vessels.

The sale is expected to be completed in March 2021 and will result in a positive
liquidity effect of approximately NOK 22 million after repayment of the vessel`s
outstanding debt.

The sale to the undisclosed buyer will see the vessel leave the offshore
industry.

"This is the second sale of vessels since August 2020 and provides GC Rieber
Shipping with a further strengthened balance sheet, enabling us to deliver on our strategy to develop new profitable and sustainable maritime projects", Einar Ytredal, CEO of GC Rieber Shipping commented.
 
GC Rieber Shipping: Sale of vessel

Reference is made to the stock exchange notice 22 February 2021 related to thesale of the IMR vessel Polar Queen. The vessel has today been delivered to thenew owner.
 
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