Sweden: TransAtlantic Expands its Fleet with New AHTS

TransAtlantic has received delivery of Magne Viking AHTS vessel from the Astilleros Zamakona S.A shipyard in Spain. The vessel will be flagged up in the Danish register of ships, DIS.

Magne Viking is the third new‐build in a series of four, which are being built at the Spanish shipyard. The last vessel in the series, TransBarents, is expected to be delivered in 2012. The vessel series is specifically designed to meet demands for efficient, safe and environmentally friendly offshore management in Barents Sea and areas with severe ice conditions.

Magne Viking has the following technical data:

AHTS, ice 1A, stand by vessel, oilrec, clean design. Deck area 750 m2, length 85 m, beam 22 m, 4,500 deadweight tons and complies with the most up‐to‐date regulations pertaining to oil clearing.

About Transatlantic

Rederi AB TransAtlantic is a leading Swedish shipping company. Operations are organised into two business areas; Offshore/Icebreaking and Industrial Shipping. The Industrial Shipping business area consists of four divisions: Bulk, Container, RoRo Baltic and Shortsea Bulk. The fleet consists of 54 vessels, one anchor handling vessels on order scheduled to be delivered 2012, and vessels chartered for short periods. The company has about 730 employees. The sales for 2010 totalled SEK 3,100 million pro forma. The company’s B‐shares are listed on the NASDAQ OMX Stockholm Small Cap segment.

Source: Translatlantic, July 29, 2011;

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