Charter Agreement
(Thomson Reuters ONE) -
Farstad Shipping has been awarded the following charter contract:
Far Scotia (PSV, 2001, UT 755, 3000 DWT) has been awarded a 5 years firm
contract by Petrobras, Brazil as a ROV Support Vessel. There is an option for
additional 5 years. The contract has been achieved in cooperation with Fugro
Brasil, who will be the ROV service provider.
Expected commencement of the contract is second half of 2011, when the vessel
has been upgraded in accordance with the Charter Requirements.
The contract is important for Farstad Shipping's further development within the
Subsea segment and is awarded at satisfactory terms.
The total value of the 5 years firm period is approximately NOK 335 million.
Contacts:
CEO Karl-Johan Bakken - tel. +47 90 10 56 97
CFO Torstein Stavseng - tel. +47 91 10 70 01
Farstad Shipping's fleet currently consists of 58 vessels (32 AHTS, 24 PSV and
2 SUBSEA). The company's operations are run from Aalesund, Aberdeen, Melbourne,
Singapore and Macaé by a total of 1820 employees onshore and offshore. The
company's strategy is to be a major international supplier of large, modern
offshore service vessels to the oil industry. We also remain committed to solid
long-term charter profile for the fleet.
www.farstad.com
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
[HUG#1454831]
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
Unternehmensinformation / Kurzprofil:
Datum: 25.10.2010 - 10:12 Uhr
Sprache: Deutsch
News-ID 46113
Anzahl Zeichen: 0
contact information:
Town:
Ã…lesund
Kategorie:
Business News
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"Charter Agreement"
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