• 3rd quarter was the first quarter with full effect from all acquired vessels

  • Consolidated EBITDA was USD 13.9 million in the 3rd quarter 2012 versus USD 0.8 million in the same period last year.

  • Net financial items amounted to USD -15.7 million of which USD 0.7 million related to negative changes in the market value of an interest rate derivative entered into on the loan financing "MSC Vega" .

  • As of 30 September 2012 the consolidated cash position was USD 25.1 million, including restricted cash with USD 2.9 million.

  • Consolidated equity is USD 13.8 million.

  • The mandatory offer made by Sinindo Holdings Limited on 13 July 2012 expired on 10 August 2012 and Sinindo Holdings Limited currently owns 81.97% of the shares in the Company.

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