Farstad Shipping ASA - Charter Agreements

Farstad Shipping ASA - Charter Agreements

ID: 297232

(Thomson Reuters ONE) -


Farstad Shipping ASA has been awarded the following charter contracts:

Shell Brasil has awarded a 6 month contract with a two month option to the AHTS
Far Senator (2013, UT 731 CD, 24,000 BHP) to support Shell's drilling campaign
in Brazil.  AHTS Far Senator will leave the North Sea during October 2013.

Total E&P do Brasil has awarded the PSV Far Swift (2003, UT 755 L, 3,084 DWT) a
6 month contract to support their drilling campaign in Brazil. The vessel is
currently trading in Brazil, and commencement of the new contract is expected to
take place during November 2013.

Petrobras has declared their 5 month option to extend the contract for the AHTS
Far Sailor (1997, UT 722, 16,800 BHP) commencing October 2013.


Total value of the contracts, excluding options, is approx. NOK 150 mill.



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



Farstad Shipping's fleet currently consists of 59 vessels (30 AHTS, 26 PSV and
3 SUBSEA) and 2 PSV, 2 AHTS and 2 SUBSEA under construction. The company's
operations are managed from Aalesund, Aberdeen, Melbourne, Perth, Singapore,
Macaé and Rio de Janeiro with a total of 2100 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#1729572]




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Bereitgestellt von Benutzer: hugin
Datum: 17.09.2013 - 09:31 Uhr
Sprache: Deutsch
News-ID 297232
Anzahl Zeichen: 2367

contact information:
Town:

Ã…lesund



Kategorie:

Business News



Diese Pressemitteilung wurde bisher 150 mal aufgerufen.


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"Farstad Shipping ASA - Charter Agreements"
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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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