Charter Agreements

Charter Agreements

ID: 55448

(Thomson Reuters ONE) -


Farstad Shipping has been awarded the following charter contracts:


AHTS Far Strait (2006, UT 712L, 14.688 BHP), AHTS Lady Caroline (2003, UT
712, 12.240 BHP), PSV Far Spirit (2007, VS 470 MK II, 3.624 DWT) and PSV Lady
Grace (2001, UT 755, 2.936 DWT) have all been extended for 365 days while AHTS
Far Stream (2006, UT 712L, 14.688 BHP) and PSV Far Swan (2006, VS 470 MK II,
3.628 DWT) have been extended for 180 days.  All vessels are on charter with
Woodside in Australia in support of their drilling and/or production operations.

In addition Esso Australia has exercised another 3 month option for PSV Lady
Kari-Ann (1982, ME 202, 2.972 DWT). The vessel will remain supporting Esso's
offshore production operations in Bass Strait.

Total value of the contracts is approximately NOK 380 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 57 vessels (32 AHTS, 23 PSV and
2 SUBSEA) and 6 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#1522448]


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Bereitgestellt von Benutzer: hugin
Datum: 09.06.2011 - 12:37 Uhr
Sprache: Deutsch
News-ID 55448
Anzahl Zeichen: 2350

contact information:
Town:

Ã…lesund



Kategorie:

Business News



Diese Pressemitteilung wurde bisher 186 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"Charter Agreements"
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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