Havila Shipping ASA : Contract with Petrobras terminated

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

The terminated contract was valid until August 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 pursuant to section
5-12 of the Norwegian Securities Trading Act.


[HUG#1990219]