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Knightsbridge Closes Vessel Acquisition Transaction

Maritime Activity Reports, Inc.

September 16, 2014

Bermuda-based Knightsbridge Tankers Limited announced that it has closed the first stage of its vessel acquisition transaction.

Knightsbridge has issued 31 million shares in exchange for 11 Cape size bulk carrier newbuildings and two Newcastlemax newbuildings.

knightsbridgetankers.com