Knightsbridge Tankers Limited Changes Its Name to Knightsbridge Shipping Limited

Hamilton, Bermuda - October 7, 2014

Knightsbridge Tankers Limited (Nasdaq:VLCCF) (the "Company") has announced that it changed its name to Knightsbridge Shipping Limited.

Also, the Company's web address has changed to http://www.knightsbridgeshipping.com.

The Company's shares will continue to trade on the NASDAQ stock market under the symbol "VLCCF."

Knightsbridge Tankers Limited press release