JSC “Ventspils nafta” and JSC “Latvijas kuģniecība” business update webcast scheduled for 2.30PM on 25 February 2015


Riga, 2015-02-19 15:07 CET (GLOBE NEWSWIRE) -- JSC “Ventspils nafta”, one of Latvia’s leading oil product transportation and storage companies, and JSC “Latvijas kuģniecība”, its shipping subsidiary, announce that their 2015 business update presentation will be webcast live on 25 February at 2:30 PM (Latvian time).

The presentation will provide an overview of financial and business performance during 2014. All parties wishing to view the live broadcast can do so by clicking on the following link: http://www.leta.lv/onair/view/ventspils-nafta at the allocated time.

The presentations will be hosted by Robert Kirkup, Chairman of the Management Boards of JSC “Ventspils nafta” and JSC “Latvijas kuģniecība”; Paul Thomas, Member of the Management Board of JSC “Latvijas kuģniecība”; Ltd Lars Pantzlaff, Managing Director and Member of the Management Board of ““Ventspils nafta” termināls” Ltd; and Ltd Igors Stepanovs, Member of the Management Board and Managing Director of “LatRosTrans”.

Company representatives will be available for questions after the presentations. Given the limited time available, participants are encouraged to send questions in advance to elina.dobulane@vnafta.lv by 23 February. Questions may also be submitted by SMS to +37 125 959 447 during the presentations. The presentations will be held in English, questions can be asked in Latvian as well as in English.

About JSC “Latvian Shipping Company”

JSC “Latvian Shipping Company” (NASDAQ OMX RIGA: LSC1R) is among the biggest vessel owners in the segment of medium and handy size tankers and takes leading positions in terms of the transported amount of petroleum products among similar companies in Northern Europe. The company owns 16 modern vessels employing more than 500 professional and high-skilled seamen from Latvia. The average age of the LK fleet is 7 years. All of the vessels have received ISM (International Safety Management) certificates.

         Additional information:
         Elīna Dobulāne, Communication Consultant
         JSC “Latvian Shipping Company”
         Phone: +371 25959447
         E-mail: elina.dobulane@vnafta.lv
         www.lk.lv