Sogestran Shipping S.A. (Sogestran Shipping, subsidiary of Sogestran Group) and
Christiania Holding A/S (Christiania Shipping) today announced that Christiania Shipping
will acquire 100% of the shares in NAVQUIM Holding B.V. (NAVQUIM) from Sogestran
Shipping. A share purchase agreement has been signed between the parties with an
anticipated closing of the transaction within October 2024, subject to customary closing
conditions, including regulatory approval.

NAVQUIM owns and operates 13 stainless steel chemical carriers with offices in Rotterdam
(Netherlands) and Marbella (Spain). NAVQUIM has long standing relations with top tier
charterers and customers, operating in Europe and down to West Africa.

Christiania Shipping has a chemical and gas fleet on-water composed of 16 chemical
carriers and 13 LPG-carriers. The main operational areas are in North-Europe,
Mediterranean and West Africa out of offices in Oslo (Norway), Copenhagen (Denmark) and
Gulf Juan (France).

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