News - Page 13 of 15

3. February, 2011

Ajax extended with Statoil AS

Statoil has exercised its third option of two years for the tug Ajax for the operation at the Sture Terminal. The new deal begins on May 2, 2011.

26. January, 2011

Edda Freya – extended with MMT AB

Edda Freya has been extended with MMT AB until 21 March 2011 for operation in the Baltic.

5. September, 2010

25 years of tug operation at the Kårstø Terminal

M/T Dux and M/T Pax have provided harbour services to the Statoil Gas Terminal at Kårstø since September 15, 1985. M/T Felix has been there since September 24, 2000.

10. June, 2010

M/T Vortex delivered

A unique Voith Schneider tug delivered today.

12. March, 2010

Edda Freya to the Baltic

Edda Freya is contracted to MMT AB for subsea operation in the Baltic.

2. November, 2009

Østensjø Rederi AS has been awarded a contract by ConocoPhillips Ireland to provide tug operation services at the Bantry Bay Terminal in Ireland. The operation will be carried out by T/B Thrax which is an advanced azimuth stern drive tug of 62 t Bollard Pull. The contract period is one year with options as from 1st November 2009.

1. July, 2009

StatoilHydro has extended Audax, Velox, Rex & Fox

StatoilHydro ASA has exercised their first option of three years for the tugs Audax and Velox including the mooring tugs Rex & Fox for the operation at the Sture Terminal. The commencement of the declared period starts 1.12.2009.

1. July, 2009

Dux, Pax & Felix – extension of contract

StatoilHydro ASA exercises another option for the Kårstø tugs

14. June, 2009

Naming of the tug Vivax

The tug Vivax was named in Molde 13th June 2009 by Lady Sponsor Mrs. Nicola Gordon, Asset Leader AS Norske Shell.

12. June, 2009

Edda Frende delivered to owner

The Platform Supply Vessel Edda Frende was delivered to Owners today, Friday 12th June. Vessel will depart from Spain Sunday with ETA Aberdeen Thursday 18th June. Edda Frende will release Edda Frigg and is contracted to Shell for 5 years until Jan 2014.