Nordic Shipholding Breathes More Freely

The company announces that it has been granted a 3-month extension of its moratorium, now due to expire 30, September 2013.
There are continuing positive discussions with potential investors to inject new capital and the conditions of doing so. The Company's operations will remain unchanged.
Nordic Shipholding A/S is a ship owning company listed on the Copenhagen Stock Exchange. Nordic Shipholding A/S owns six product tanker vessels, five handy tankers and one LR1.
The handy tankers are commercially operated by Handytankers K/S (Managed by Maersk Tankers A/S) and the LR1 unit is in the Straits Tankers Pool (Managed jointly by Hafnia Management and Mitsui OSK). The company is administered by Tankers Inc.
Source: Nordic Shipholding