Sale of Nordic Ruth

30 May 2019

Nordic Ruth Pte. Ltd., a wholly-owned subsidiary of Nordic Shipholding A/S, has entered into a Sale and Purchase Memorandum of Agreement on 30 May 2019 to sell the Nordic Ruth at a gross sale price of USD 5.8 million.

Nordic Ruth is a 2000-built handysize product tanker.

Nordic Shipholding A/S does not expect the sale to have any significant impact on the outlook for 2019 as provided in the Q1 2019 Report on 22 May 2019.

Nordic Shipholding A/S press release