Farstad Shipping ASA - Vessel delivery and long-term financing

Farstad Shipping ASA - Vessel delivery and long-term financing

ID: 381410

(Thomson Reuters ONE) -


Farstad Shipping ASA has today Thursday 26 March taken delivery of subsea-
/construction vessel Far Sleipner (Vard 3 07) from Vard Langsten.

The vessel is designed for subsea construction/IMR operations to 3,000 meters
water depth, has an overall length of 142.6 meters, beam of 25 meters and a deck
area of 1,800 m². The vessel is equipped with two offshore cranes, of which the
larger one has a lifting capacity of 350 tons. Furthermore the vessel is
arranged for 3 pc ROV (Remote Operating Vehicles) and accommodation for 130
persons.

The vessel will enter into a charter contract to Technip for a period of approx.
11 months, divided into two firm periods. Including mobilization and
demobilization, Technip may utilize the vessel for a period up to 16 months, cf.
our press release of 23 February 2015.

The long-term financing of the vessel is arranged by Eksportkreditt Norge AS,
DNB, Swedbank and GIEK.


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 62 vessels (31 AHTS, 26 PSV and
5 SUBSEA) and 2 SUBSEA vessels under construction. The company's operations are
managed from Aalesund, Melbourne, Perth, Singapore, Macaé and Rio de Janeiro
with a total of 2,200 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.







This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

Far Sleipner:
http://hugin.info/45/R/1906535/678817.pdf



This announcement is distributed by GlobeNewswire on behalf of




GlobeNewswire 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 GlobeNewswire
[HUG#1906535]




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Bereitgestellt von Benutzer: hugin
Datum: 26.03.2015 - 14:04 Uhr
Sprache: Deutsch
News-ID 381410
Anzahl Zeichen: 2507

contact information:
Town:

Ã…lesund



Kategorie:

Business News



Diese Pressemitteilung wurde bisher 208 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"Farstad Shipping ASA - 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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