23 September 2020
ADS Crude Carriers Plc (“ADSCC” or the “Company”) has today delivered the vessel ADS Stratus to her new owners following the sale which was previously announced on 9 September. Subsequently, the Company’s debt will be reduced by USD 9.9 million and as a result there will be no further amortization on the remaining vessel loans until maturity.
Contacts
Terje Bodin Larsen, CEO
+47 905 35 543
tbl@ads.no
Ben Boiling, CFO
+47 912 40 945
ben.boiling@ads.no