Charter Agreements
(Thomson Reuters ONE) -
Farstad Shipping has been awarded the following charter contracts:
AHTS Far Scimitar (2008, UT 712 L, 14.688 BHP) and AHTS Far Sky (1991, ME 303
mkII, 13.382 BHP) have both been awarded a 14 month firm contract by Apache
Energy to support drilling operations offshore Western Australia. The charters
will commence in March and include an option on each vessel for further 12
months.
AHTS Lady Sandra (1998, KMAR 404, 15.014 BHP) and AHTS Far Fosna (1993, UT
722, 14,400 BHP) have been awarded a four well contract by Santos Limited,
Australia. The program is scheduled to commence later this month and take around
6 months.
Esso Australia has exercised a 3 month option for PSV Lady Kari-Ann (1982, ME
202, 2.972 DWT). This will commence in April, 2011 and 3 x 3 month options
remain on the vessel. The vessel will remain supporting Esso's offshore
production operations in Bass Strait.
McDermott Industries Ltd. has extended the contract for AHTS Lady Cynthia (1987,
Hart Fenton, 9.525 BHP) for further 3 months. Lady Cynthia will continue to
support McDermott's Kipper Tuna Turrum project development for Esso Australia.
In Norway Statoil has extended the contract for PSV Far Seeker (2008, UT 751 E,
4.500 DWT) for further 12 months with commencement in April.
The total value of the contracts, exclusive options, is approximately NOK 325
million.
Contacts:
CEO Karl-Johan Bakken - tel. +47 901 05 697
CFO Torstein Stavseng - tel. +47 911 07 001
Farstad Shipping's fleet currently consists of 58 vessels (32 AHTS, 24 PSV and
2 SUBSEA) and 4 PSV under construction. The company's operations are run from
Aalesund, Aberdeen, Melbourne, Perth, Singapore, Macaé and Rio de Janeiro by a
total of 1900 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 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#1497307]
Unternehmensinformation / Kurzprofil:
Datum: 16.03.2011 - 11:55 Uhr
Sprache: Deutsch
News-ID 52486
Anzahl Zeichen: 2958
contact information:
Town:
Ã…lesund
Kategorie:
Business News
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"Charter Agreements"
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