Scanship Holding ASA : Scanship Holding ASA has initiated a process to review strategic alternatives

Scanship Holding ASA ("Scanship" ticker SSHIP) operates as a supplier to the maritime industry with the strong and growing market for cruise vessels being the key segment.
 
The maritime industry has in recent years experienced stricter regulations on emissions and a trend towards a consolidation in product and service offerings of suppliers. Scanship has a leading position as a provider of water purification technologies to some of the most demanding customers within the maritime industry - a position the Board of Directors believes there should be ample opportunity to leverage on.
 
The Board of Directors of Scanship has initiated a process to evaluate strategic alternatives with the purpose of enhancing shareholder values and has engaged Arkwright Corporate Finance AS as its financial and strategic advisor.
 
Company contact:
Tore Enger, Chairman 
T: +47 920 83 800
E: tore.enger@scanship.no 
 
www.scanship.no
 
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About Scanship Holding ASA:
Scanship is a maritime industry leader in advanced technologies for processing waste and purifying water. Owners operating our systems have the solution to convert all waste and wastewater to inert materials, recyclables, clean flue gas and effluent, which meets the highest international discharge standards.
 
Norwegian Cruise Line, Royal Caribbean International, TUI, Carnival Cruise Line, Costa Asia, P&O Australia, MSC, Viking Ocean Cruises, Hurtigruten and Silversea are all being delivered with Scanship technology for environmental compliance.
 
Our new technologies will recover energy and water, providing tangible payback from the operations. We strive for the highest quality, best innovation and sustainable solutions.
 
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.



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Source: Scanship Holding ASA via GlobeNewswire

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