Fairstar Heavy Transport N.V. announces the commencement of sea trials for the FORTE and the launchi

Fairstar Heavy Transport N.V. announces the commencement of sea trials for the FORTE and the launching of the FINESSE

ID: 133152

(Thomson Reuters ONE) -


Fairstar Heavy Transport N.V. (FAIR) announced the Company's new build
50,000DWT semi-submersible vessel FORTE has departed the quayside and begun a
series of tests and sea trials off the coast of China. The sea trials will be
under the supervision of Det Norske Veritas (DNV), the vessel's Classification
Society.
Willem Out, COO of Fairstar, commented from the Bridge of the FORTE "I have been
in the shipping business for almost 40 years, out of which I have been at sea
for over twenty years on many different types of vessels. This is one of my
proudest moments at Fairstar and one of the most satisfying for me personally.
Our crew on board the FORTE are all full time Fairstar professionals;
a combination of veterans from the FJORD and FJELL as well as a number of newly
hired Dutch mariners and engineers.
Our partners at Guangzhou Shipyard International (GSI) have done an excellent
job. They have maintained a disciplined schedule and we are totally satisfied
with the design of the ship and the quality of her construction.
We look forward to testing her limits over the next two weeks. After she returns
to Port, we will begin to prepare for the formal naming ceremony on May 23.
In July, FORTE will be on contract for the next two years in the Gorgon LNG
Project. She is scheduled to transport some of the biggest and most valuable
modules from Korea to Barrow Island, Australia over the course of our time
charter. The FORTE will be delivered on time and on budget."

The FORTE's sister ship FINESSE was launched from the dry-dock in Qidong on
Thursday, April 5. FINESSE is scheduled for delivery to Fairstar in Late October
2012.

Recently taken photographs of both vessels can be found on Fairstar's website,
www.fairstar.com


For further information please contact:




Philip Adkins, CEO (philip.adkins(at)fairstar.com)
Ingmar den Blanken, Treasurer (ingmar.den.blanken(at)fairstar.com)
Web: www.fairstar.com
Tel: +31 (0)10-403 5333

*****

Profile Fairstar Heavy Transport:

Fairstar Heavy Transport N.V. is a leading provider of marine heavy transport
solutions, specializing in high-value cargoes for the offshore and onshore
energy and construction industries. Fairstar owns and operates two of the most
modern semi-submersible heavy transport ships in the global fleet, FJORD and
FJELL. The 50,000DWT, open-stern semi-submersible vessels FORTE and FINESSE are
currently under construction with Guangzhou Shipbuilding International in China
and will be owned and operated by Fairstar when they are delivered in May and
October of 2012 respectively. Fairstar is based in Rotterdam and quoted on the
Oslo Stock Exchange (ticker: FAIR).




Press release (PDF):
http://hugin.info/143837/R/1601031/505453.pdf



This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Fairstar Heavy Transport NV via Thomson Reuters ONE
[HUG#1601031]


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Bereitgestellt von Benutzer: hugin
Datum: 10.04.2012 - 08:29 Uhr
Sprache: Deutsch
News-ID 133152
Anzahl Zeichen: 3693

contact information:
Town:

ROTTERDAM



Kategorie:

Business News



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