Belships has reached an agreement with Canpotex Shipping Services Ltd to swap one of the announced newbuildings from Imabari with one of the existing ships. The rate will be adjusted to USD 17,750 per day effective from the swap date until expiry of existing charter period.

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

Belships ASA : Swap of existing ship on long-term timecharter with newbuilding
Belships has reached an agreement with Canpotex Shipping Services Ltd to swap one of the announced newbuildings from Imabari with one of the existing ships. The rate will be adjusted to USD 17,750 per day effective from the swap date until expiry of existing charter period. This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.