ABGSC Shipping Daily 28 May

Research evidence excerpt

ABGSC Shipping Daily 28 May

Shipping & Transport

Disclaimer

This report has been prepared by ABG Sundal Collier ASA, ABG Sundal Collier Denmark, filial af ABG Sundal Collier ASA, Norge,

ABG Sundal Collier AB and/or ABG Sundal Collier Limited and any of their directors, officers, representatives and employees

(hereinafter collectively referred to as “ABG Sundal Collier”). This report is not a product of any other affiliated or associated

companies of any of the above entities.

Commissioned research is paid for by the respective company and is as such deemed to constitute an acceptable minor non-

monetary benefit (i.e., not investment research) as defined in MiFID II. Commissioned research has not been prepared in

accordance with legal requirements designed to promote the independence of investment research and is not subject to any

prohibition on dealing ahead of the dissemination. Any commissioned research included in this report reflects already published

research and for the full research reports, please refer to the research section of our website located at www.abgsc.com or https://

cr.abgsc.com/ (commissioned research only).

This report is provided solely for the information and use of professional investors, who are expected to make their own investment

decisions without undue reliance on this report. The information contained herein does not apply to, and should not be relied upon

by, retail clients. This report is for distribution only under such circumstances as may be permitted by applicable law. Research

reports prepared by ABG Sundal Collier are for information purposes only. The recommendation(s) in this report is (are) has/

have no regard to specific investment objectives and the financial situation or needs of any specific recipient. ABG Sundal Collier