Havila Shipping ASA: Shell UK Limited enforces early redelivery of the PSV Havila Crusader

Shell UK Limited has redelivered the PSV Havila Crusader early.
The vessel was chartered from 18^th January 2020 for a period of 2 wells firm. The parties agreed on an estimated charter period of one year.
The parties have different views on the obligation of Shell UK Limited in a charter party based on 2 wells.
The company will consider which steps to take towards Shell UK Limited as a result of the early redelivery.

Havila Crusader will be laid up, awaiting improved market conditions.

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

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act