GC Rieber Shipping: New charter for Polar Onyx

GC Rieber Shipping is pleased to announce a new charter for Polar Onyx in the
North Sea for a Tier 1 subsea client. The charter will commence July 1[st], 2021
and holds a firm duration of three months, plus options.

Following completion of a successful and long-term employment of the Polar Onyx
in West Africa we are now pleased to see the vessel returning to Europe for the
first time since 2016. We look forward to servicing Polar Onyx's newest client,
demonstrating the vessel's unique and advance capabilities", commented
Christoffer Knudsen, CCO in GC Rieber Shipping.

Contact information:

Einar Ytredal, CEO, GC Rieber Shipping, phone: +47 975 20 184
Christoffer Knudsen, CCO, GC Rieber Shipping, phone: +47 926 18 226

About GC Rieber Shipping:

GC Rieber Shipping is a shipowner and project-house with focus on developing
profitable and sustainable maritime projects.

Further information about the company, please go to www.gcrieber-shipping.com.

This information is subject to the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.