Farstad Shipping ASA - Sale of vessels
(Thomson Reuters ONE) -
Farstad Shipping ASA has, through its wholly owned subsidiaries P/R
International Offshore Services ANS and Farstad Shipping Pte. Ltd, reached an
agreement to sell the AHTS Lady Gerda (1987, Hart Fenton, 8.700 BHP) and the
AHTS Lady Cynthia (1987, Hart Fenton, 9.500 BHP).
Delivery of the vessels to the new owner is expected to take place during May
2012.
The agreed sales price of the vessels is approximately equal to the book value,
which is below the value estimates obtained from brokers at year-end.
After the sale of these two vessels, Farstad Shipping has during a short period
of time sold 5 of 7 vessels built during the 1980s.
Contacts:
CEO Karl-Johan Bakken - tel. +47 901 05 697
CFO Torstein Stavseng - tel. +47 911 07 001
After the sale of Lady Gerda and Lady Cynthia Farstad Shipping's fleet consists
of 52 vessels (28 AHTS, 21 PSV and 3 SUBSEA) and 6 PSV and 4 AHTS under
construction. The company's operations are managed from Aalesund, Aberdeen,
Melbourne, Perth, Singapore, Macaé and Rio de Janeiro with a total of 2000
employees engaged onshore and offshore. The company's strategy is to be a
leading quality provider of large, modern offshore service vessels to the oil
industry. The company maintains a long-term charter profile for the fleet.
www.farstad.com
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
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: Farstad Shipping ASA via Thomson Reuters ONE
[HUG#1602690]
Unternehmensinformation / Kurzprofil:
Datum: 16.04.2012 - 12:53 Uhr
Sprache: Deutsch
News-ID 135288
Anzahl Zeichen: 2182
contact information:
Town:
Ã…lesund
Kategorie:
Business News
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"Farstad Shipping ASA - Sale of vessels"
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