Farstad Shipping ASA - Sale of vessel

(Thomson Reuters ONE) -


Farstad Shipping ASA has, through its wholly owned subsidiary P/R International
Offshore Services ANS, sold the PSV Lady Kari-Ann (1982, ME 202, 2,972 DWT).


Delivery of the vessel to the new owner took place Tuesday 21 May 2013.

Sale of the vessel will give a booked profit of approx. NOK 3.5 mill. in
the 2(nd) quarter 2013.


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



After the sale of Lady Kari-Ann Farstad Shipping's fleet consists of 57 vessels
(29 AHTS, 25 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#1703607]

Weitere Infos zu dieser Pressemeldung:
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: hugin
Datum: 22.05.2013 - 09:47 Uhr
Sprache: Deutsch
News-ID 262331
Anzahl Zeichen: 1857

contact information:
Town:

Ã…lesund

Kategorie:

Business News

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