Havila Shipping ASA: Contract with Petrobras terminated

Petrobras has terminated the contract for Havila Princess.
The contract was blocked by local tonnage and the Certificate
needed for operation in Brazil was not renewed.

The terminated contract was valid until September 2017


Contacts:
CEO Njål Sævik (+47) 909 35 722
CFO Arne Johan Dale (+47) 909 87 706


This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)


[HUG#1976645]