Vessel delivery and long-term financing

Vessel delivery and long-term financing

ID: 17982

(Thomson Reuters ONE) -



"Far Saracen" (AHTS UT731CD) has today Wednesday 24 March been delivered from
STX Norway Offshore AS, Langsten, to Farstad Supply AS, a wholly owned
subsidiary of Farstad Shipping ASA. The vessel will trade the spot market in the
North Sea.

A long-term facility of NOK 435 million has been drawn with Eksportfinans ASA to
finance the vessel. The loan is guaranteed by GIEK, Handelsbanken and DnB NOR
Bank ASA.



Contacts:
CEO Karl-Johan Bakken - tel. +47 90 10 56 97
CFO Torstein Stavseng -   tel. +47 91 10 70 01



Farstad Shipping's fleet currently consists of 58 vessels (24 PSV, 31 AHTS and
3 SUBSEA). The company's operations are run from Ålesund, Aberdeen, Melbourne,
Singapore and Macaé by a total of 1.850 employees onshore and offshore. The
company's strategy is to be a major international supplier of large, modern
offshore service vessels to the oil industry.  We also remain committed to solid
long-term charter profile for the fleet.

www.farstad.com




This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)


[HUG#1397106]











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Datum: 24.03.2010 - 12:44 Uhr
Sprache: Deutsch
News-ID 17982
Anzahl Zeichen: 0

contact information:
Town:

Ã…lesund



Kategorie:

Business News



Diese Pressemitteilung wurde bisher 246 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"Vessel delivery and long-term financing"
steht unter der journalistisch-redaktionellen Verantwortung von

Farstad Shipping ASA (Nachricht senden)

Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).

FAR - FINANCIAL CALENDAR 2010 ...

Farstad Shipping ASA will publish their results for the 4th quarter 2009 and results for 2009 on February 17, 2009. A presentation of the results will take place at Norges Rederiforbund, 7th floor, in Oslo on February 18 at 09.00 am. Annual General ...

FAR - Charter Agreements ...

Farstad Shipping announces the following new charter commitments: Petrobras, Brazil, has contracted PSV Far Supporter (1996, UT 750, 4.680 DWT) for a period of 3 years, with start up during the 1st quarter 2010. Peterson SBS has extended the contra ...

Alle Meldungen von Farstad Shipping ASA



 

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