Farstad Shipping ASA - vessel delivery, sale and leaseback

Farstad Shipping ASA - vessel delivery, sale and leaseback

ID: 241980

(Thomson Reuters ONE) -


Far Senator (UT 731 CD) has today Thursday 21 March been delivered from Vard
Langsten to Farstad Supply AS, a wholly owned subsidiary of Farstad Shipping
ASA.

With reference to the press release 7 March 2013, Farstad Supply AS has sold the
vessel to Ocean Yield AS and leased it back on a 12 year bareboat charter. The
agreement includes options for Farstad Supply AS to buy back the vessel. The
vessel will operate in the North Sea spot market.




Contacts:
CEO Karl-Johan Bakken - tel. +47 901 05 697
CFO Torstein Stavseng -   tel. +47 911 07 001




Farstad Shipping's fleet currently consists of 58 vessels (29 AHTS, 26 PSV and
3 SUBSEA) and 3 PSV, 3 AHTS and 1 SUBSEA under construction. The company's
operations are managed from Aalesund, Aberdeen, Melbourne, Perth, Singapore,
Macaé and Rio de Janeiro with a total of 2080 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#1687168]






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Bereitgestellt von Benutzer: hugin
Datum: 21.03.2013 - 15:29 Uhr
Sprache: Deutsch
News-ID 241980
Anzahl Zeichen: 1938

contact information:
Town:

Ã…lesund



Kategorie:

Business News



Diese Pressemitteilung wurde bisher 156 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"Farstad Shipping ASA - vessel delivery, sale and leaseback"
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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