Stock Exchange Notice
Date: 17 December 2019
GC Rieber Shipping: Claim against GC Rieber Shipping AS and GC Rieber Crewing AS
dismissed
Reference is made to the stock exchange announcement 30 September 2019, where it
was announced that a group of former employees of GC Rieber Crewing AS had
appealed Gulating Court of Appeal`s decision in their lawsuit against two
subsidiaries of GC Rieber Shipping ASA to the Supreme Court.
The Supreme Court's appeal committee has today decided that the appeal will not
be processed by the Supreme Court. The decision from Gulating Court of Appeal,
which was in favor of GC Rieber Shipping ASA's two subsidiaries GC Rieber
Crewing AS and GC Rieber Shipping AS, is therefore final.
For further information, please contact:
Einar Ytredal, CEO, phone: +47 975 20 184
Øystein Kvåle, CFO, phone: +47 479 02 919
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 specialized competence in offshore operations in harsh
environments as well as design, development and maritime operation of offshore
vessels. GC Rieber Shipping currently operates 13 and has direct and indirect
ownership in 22 advanced special purpose vessels for defined markets within the
subsea, ice/support and marine seismic segments.
The company has its headquarter and a ship management office in Bergen, and an
additional 50% ship management company in Yuzhno-Sakhalinsk (Russia). The
Company is listed on Oslo Børs with ticker RISH.
Further information is available on the company's website www.gcrieber
-shipping.com.