PRESS RELEASE - NEW VESSEL 17. JUNE 2021 Arriva Shipping aquieres MV "Arklow Brook" Arriva Shipping increases its freight capacity and renews its fleet by purchasing the bulk carrier MV «Arklow Brook» Arriva Shipping operates mainly in Northern Europe, has about 130 employees, and offices in Ølensvåg, Stavanger, and Gdansk. The shipping company had a turnover of MNOK 359 in 2020. The vessel, bought from the Irish shipping company Arklow Shipping, was built in 2011 at the Royal Bodewes shipyard in The Netherlands. The ship is 116 meters long and at 4,723 gross tons. «Arklow Brook» has the highest ice class, has recently completed class renewal, and installed a ballast water treatment system. Upon takeover, in mid-July, the vessel will change its name to MV «Norheim» and be rebuilt into a so-called self-discharger. The ship is expected to be operational as early as September. The loading capacity will be approximately 7,200 deadweight tonnes. - The acquisition of "Arklow Brook" is in line with our ambitions for fleet renewal and represents our values of sustainability. Not least, it will lead to an increase in our freight capacity, says co-owner and managing director Sindre Matre in Arriva Shipping. It is essential to be a player that contributes to a shipping industry that is both efficient for customers and at the same time works for more environmentally friendly transport, he emphasizes. Following the acquisition, Arriva Shipping will have a fleet consisting of 8 own and 7 chartered vessels. In addition, the company's first newbuilding, MV «Nor Viking», is under construction in China and is expected to be delivered in January 2022. With partners such as Innovation Norway and DNB, this will be a historic investment for the company. The vessel will be a hybrid ship that will reduce emissions by 30%. - In addition to our need for increased capacity, the company will in the next few years, together with the rest of the industry, take crucial steps to reduce its climate emissions. In connection with Norway's prominent role on the road to the green shift, it is vital that we pull the load, Matre concludes. For more information, please contact: Managing Director, Sindre Matre, Tel: +47 901 15 890, E-mail: sindre@arrivashipping.no Contact us Arriva Shipping AS | PO Box 133 | N-5588 Ølen, Norway Office location: Bjoavegen 389 | N-5582 Ølensvåg, Norway post@arrivashipping.no Chartering Chartering: +47 53 76 60 04 chartering@arrivashipping.no Privacy & cookies | jhl.no