Eimskipafélag Íslands hf. - Other information disclosed according to the rules of the Exchange

Eimskip aims to finalize a vessel building contract

In May 2016, Eimskip and Royal Arctic Line, the national carrier of Greenland,
signed a letter of intent to form and evaluate a potential cooperation
regarding building of container vessels. 

Eimskip has been in negotiations with shipyards in China in relation to
building of two Ice Class 2,150 TEU container vessels. Discussions are ongoing
but the aim is to select a shipyard and finalize the contract in the next few
days. The two vessels are expected to be delivered before the end of 2019.