Viking Line sells M/V Amorella

Jan Hanses
\nPresident and CEO
\[email protected]
\n+358-(0)18-270 00

","htmlTitle":"

Viking Line sells M/V Amorella

\n","htmlHeader":"","htmlIntro":"","body":"Viking Line Abp INSIDE INFORMATION 05.08.2022, 10:00 AM\n\nSale of M/V Amorella\n\nViking Line Abp reached an agreement yesterday 4th of August 2022 with Corsica Ferries SAS, regarding a sale of M/V Amorella. According to plan, the deal will be completed, and the ship delivered in October 2022.\n\nA sale of M/V Amorella after Viking Glory was delivered is a long-decided step in the renewal of the company's fleet and will further strengthen the company's financial position and liquidity. The total sales price is EUR 19,1 million. The vessel's book value as of 30 June 2022 was EUR 3.2 million.\n\nAt present, the goal is for Amorella's regular personnel to be offered work on the company's other vessels.\n\nCEO Jan Hanses comments: "Amorella, which has operated for Viking Line since 1988, is one of the loyal servants in the company's fleet. She has been a mainstay that has maintained regular traffic on the company's core line between Turku, Åland and Stockholm. The staff's efforts and commitment over the years have been crucial to the ship's traffic. This does not mean that we are abandoning the Helsinki - Stockholm route, but that we will continue the traffic with one ship during the winter and evaluate strategic alternatives for the continuation of the route"\n \n\nViking Line Abp\n\nJan Hanses\nPresident and CEO","htmlBody":"

Viking Line Abp                 INSIDE INFORMATION                 05.08.2022, 10:00 AM

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Sale of M/V Amorella

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Viking Line Abp reached an agreement yesterday 4thof August 2022 with Corsica Ferries SAS, regarding a sale of M/V Amorella. According to plan, the deal will be completed, and the ship delivered in October 2022.

\n\n

A sale of M/V Amorella after Viking Glory was delivered is a long-decided step in the renewal of the company's fleet and will further strengthen the company's financial position and liquidity. The total sales price is EUR 19,1 million. The vessel's book value as of 30 June 2022 was EUR 3.2 million.

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At present, the goal is for Amorella's regular personnel to be offered work on the company's other vessels.

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CEO Jan Hanses comments: “Amorella, which has operated for Viking Line since 1988, is one of the loyal servants in the company's fleet. She has been a mainstay that has maintained regular traffic on the company's core line between Turku, Åland and Stockholm. The staff's efforts and commitment over the years have been crucial to the ship's traffic. This does not mean that we are abandoning the Helsinki - Stockholm route, but that we will continue the traffic with one ship during the winter and evaluate strategic alternatives for the continuation of the route”
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Viking Line Abp

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Jan Hanses
\nPresident and CEO
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\n","complete":"\nViking Line sells M/V Amorella\n\nViking Line Abp INSIDE INFORMATION 05.08.2022, 10:00 AM\n\nSale of M/V Amorella\n\nViking Line Abp reached an agreement yesterday 4th of August 2022 with Corsica Ferries SAS, regarding a sale of M/V Amorella. According to plan, the deal will be completed, and the ship delivered in October 2022.\n\nA sale of M/V Amorella after Viking Glory was delivered is a long-decided step in the renewal of the company's fleet and will further strengthen the company's financial position and liquidity. The total sales price is EUR 19,1 million. The vessel's book value as of 30 June 2022 was EUR 3.2 million.\n\nAt present, the goal is for Amorella's regular personnel to be offered work on the company's other vessels.\n\nCEO Jan Hanses comments: "Amorella, which has operated for Viking Line since 1988, is one of the loyal servants in the company's fleet. She has been a mainstay that has maintained regular traffic on the company's core line between Turku, Åland and Stockholm. The staff's efforts and commitment over the years have been crucial to the ship's traffic. This does not mean that we are abandoning the Helsinki - Stockholm route, but that we will continue the traffic with one ship during the winter and evaluate strategic alternatives for the continuation of the route"\n \n\nViking Line Abp\n\nJan Hanses\nPresident and CEO\n\nJan Hanses\nPresident and CEO\[email protected]\n+358-(0)18-270 00\n------------------------------------------------------------\nThis information was brought to you by Cision http://news.cision.com\nhttps://news.cision.com/viking-line-abp/r/viking-line-sells-m-v-amorella,c3610611\nThe following files are available for download:\nhttps://mb.cision.com/Main/13658/3610611/1611928.pdf Release\n\n","serviceCategories":[{"ServiceName":"EU transparency FI (OMX CSF)","Name":"OMX CategoryCode","Value":"428"},{"ServiceName":"OMX Filing (OMX CNS)","Name":"OMX CategoryCode","Value":"428"}],"mainJobId":3138146,"sourceId":58918,"sourceIsListed":true,"sourceName":"Viking Line Abp","logoUrl":"https://mb.cision.com/Public/13658/logo/b6cb6c9c11e9daae_org.jpg","companyInformation":"","contact":"Jan Hanses\nPresident and CEO\[email protected]\n+358-(0)18-270 00","header":"","keywords":[],"quickFacts":[],"categories":[{"code":"8dc5542e","name":"Stock exchange release"}],"videos":[],"files":[{"mediaType":"File","isMain":true,"fileName":"wkr0006.pdf","url":"https://mb.cision.com/Main/13658/3610611/1611928.pdf","createDate":"2022-08-05T07:00:17.15Z","title":"Release","description":"Release","keywords":[]}],"quotes":[],"externalLinks":[],"embeddedItems":[],"id":4324198,"encryptedId":"F1AEBFAEA487A37A","isRegulatory":true,"suppressImageOnCisionWire":false,"publishDate":"2022-08-05T07:00:00Z","lastChangeDate":"2022-08-05T07:00:17.07Z","title":"Viking Line sells M/V Amorella","intro":"","iptcCode":"04006012","informationType":"PRM","languageCode":"en","countryCode":"fi","canonicalUrl":"","cisionWireUrl":"https://news.cision.com/viking-line-abp/r/viking-line-sells-m-v-amorella,c3610611","rawHtmlUrl":"/Release/ViewReleaseHtml/F1AEBFAEA487A37A","languageVersions":[{"code":"fi","releaseId":4324196},{"code":"sv","releaseId":4324200}],"images":[],"tickers":[{"Symbol":"VIK1V","ISIN":"FI0009005250","PrimaryListing":true,"IsShare":true,"MarketPlaceSymbol":"HEX","MarketPlaceName":"Helsinki Stock Exchange","MarketPlaceBloombergCode":"FH","MarketPlaceMarketWireCode":"HEX","MarketPlaceIsRegulated":true,"MarketPlaceCountryCode":"FI"}]},"title":"Cision IR Modules Data","author":"Cision Sverige AB","datePackaged":"2022-08-05T19:34:35.5862673Z"}" :text-strings="{"readMoreButton":"Read more","loadMore":"Load more","viewAll":"See all","search":"Search","selectFrom":"View from","selectTo":"View to","pressReleases":"Press Releases","pressreleasesNewship":"Press Releases - Newship","pressReleasesStock":"Stock Exchange Releases","pressReleasesAll":"All","sweden":"Sweden","finland":"Finland","swedish":"Swedish","finnish":"Finnish","english":"English","lowResolution":"Low resolution","mediumResolution":"Medium resolution","originalResolution":"Original resolution","download":"Download","subscribe":"Subscribe","bookmark":"Bookmark"}">