TransAtlantic creates partnership with AtoB@C for its short sea bulk division

Rederi AB TransAtlantic has entered into an agreement with AtoB@C Shipping AB
where TransAtlantic effectively outsources all the commercial activities of its
Short Sea Bulk division, starting September 1, 2013. Additionally, the agreement
sets the terms for the chartering out all of TransAtlantic’s short sea bulk
vessels to AtoB@C. TransAtlantic will continue to have ownership of its current
short sea bulk fleet and also continue the current charters of short sea bulk
vessels. AtoB@C will charter in these ships from TransAtlantic.

This partnership enables AtoB@C to gain more scale and efficiencies than
TransAtlantic and AtoB@C have previously had separately. It effectively creates
a Nordic top player in the Baltic short sea bulk market. This has obvious
benefits for the customers of both TransAtlantic and AtoB@C.

TransAtlantic’s strategy is to become a more dominant player in key markets by
focusing on the Baltic RoRo and Container segments. Entering into the agreement
with AtoB@C fits very well with this strategy and is part of TransAtlantic’s
restructuring and repositioning program.

”Short Sea Bulk is no longer part of our core business. The agreement with
AtoB@C enables us to intensify our activities in our two key segments, RoRo and
Container. At the same time, it removes around SEK 100 million of unprofitable
quarterly revenue”, says Heléne Mellquist, President TransAtlantic Industrial
Shipping division. ”Overall, this transaction should be accretive to the
Industrial Shipping division’s earnings from day one.”

As a result of this partnership, TransAtlantic will make reductions in staffing
in order to reflect the decreased commercial workload. This will affect around
20 people. Negotiations with the appropriate unions have been initiated.

Rederi AB TransAtlantic is a leading Swedish shipping company with headquarters
in Gothenburg, Sweden and additional offices in Europe. The company is organized
into two business areas: Viking Supply Ships and Industrial Shipping. The
Industrial Shipping business area consists of three divisions: Bulk, Container
and RoRo. The company’s B-shares are listed on the NASDAQ OMX Stockholm, Small
Cap segment. www.rabt.se

AtoB@C Shipping is a privately owned shipping- and logistics company with head
office in Ystad, Sweden. The fleet currently includes 15 ice-classed vessels,
mainly operating in the Baltic Sea, the Continent and the Mediterranean Sea.
www.atobatc-shipping.com

For further information, please contact:

Head of Corporate Communications TransAtlantic, Carina Dietmann, ph: +46 (0) 766
472734, carina.dietmann(at)rabt.se

CEO AtoB@C Shipping AB, Anders Nilsson, ph: +46 (0)411 5588 66,
anders.nilsson(at)c-shipping.se

Rederi AB TransAtlantic is a leading Swedish shipping company with headquarters
in Gothenburg, Sweden and additional offices in Europe. The company is organized
into two business areas: Viking Supply Ships and Industrial Shipping. Viking
Supply Ships, operating within offshore and icebreaking, is also a wholly owned
subsidiary of TransAtlantic. Industrial Shipping, mainly operating in the Baltic
Sea, consists of three divisions: Bulk, Container and RoRo. The Group has about
850 employees and the turnover in 2012 was MSEK 3,274. The company’s B-shares
are listed on the NASDAQ OMX Stockholm, Small Cap segment. www.rabt.se

TransAtlantic is obliged to make this information public according to the
Financial Markets Act and/or the Financial Instruments Trading Act (Sw: lagen om
värdepappersmarknaden and lagen om handel med finansiella instrument). The
information was submitted for publication on August 23, 2013 at 08.30 am.