 Hermitage Offshore Services Ltd. the Company announced today that it has sold an aggregate of 3,143,709 additional common shares under its previously announced equity line of credit for 1.11334 per share and aggregate net proceeds of 3.5 million. The Company has 25,661,915 common shares outstanding after giving effect to this transaction. This press release does not constitute an offer to sell or the solicitation of an offer to buy common shares of the Company, nor shall there be any sale of common shares in any jurisdiction in which, or to any person to whom, such an offer, solicitation or sale would be unlawful. 