Report 1Q 2011

Report 1Q 2011

ID: 54830

(Thomson Reuters ONE) -


Attached please find Report 1Q 2011.


Farstad Shipping achieved an operating income of NOK 801.0 million for the 1st
quarter.  The operating profit (EBIT) was NOK 142.8 million. The profit after
taxes was NOK 90.4 million.

Contacts for further information:

CEO Karl-Johan Bakken -    +47 901 05 697
CFO Torstein L. Stavseng -  +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.



Quarterly Report 1 2011:
http://hugin.info/45/R/1517194/453662.pdf




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#1517194]




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Bereitgestellt von Benutzer: hugin
Datum: 19.05.2011 - 11:16 Uhr
Sprache: Deutsch
News-ID 54830
Anzahl Zeichen: 1775

contact information:
Town:

Ã…lesund



Kategorie:

Business News



Diese Pressemitteilung wurde bisher 191 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"Report 1Q 2011"
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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