Farstad Shipping ASA - Vessel delivery, sale and leaseback

Farstad Shipping ASA - Vessel delivery, sale and leaseback

ID: 266331

(Thomson Reuters ONE) -


Far Statesman (UT 731 CD) has today Tuesday 4 June been delivered from Vard
Langsten to Farstad Supply AS, a wholly owned subsidiary of Farstad Shipping
ASA.

With reference to the press release of 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 L. Stavseng - tel. +47 911 07 001




Farstad Shipping's strategy is to be a leading quality provider of large, modern
offshore service vessels to the international oil and gas industry. The
company's fleet consists of 59 vessels (26 PSV, 30 AHTS and 3 SUBSEA). In
addition we have five newbuilds under construction (2 PSV, 2 AHTS and 1 SUBSEA)
for delivery between February 2014 and March 2015. The company's operations are
managed from Ålesund, Aberdeen, Melbourne, Perth, Singapore, Macaé and Rio de
Janeiro with a total of approx. 2,080 employees. At the moment, 15 vessels are
stationed in Brazil, 16 in North-West Europe, 26 in the Indian Pacific region
and two vessels in East Africa.

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#1707004]




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Bereitgestellt von Benutzer: hugin
Datum: 04.06.2013 - 14:08 Uhr
Sprache: Deutsch
News-ID 266331
Anzahl Zeichen: 2131

contact information:
Town:

Ã…lesund



Kategorie:

Business News



Diese Pressemitteilung wurde bisher 195 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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