Contract for newbuildings
(Thomson Reuters ONE) -
Farstad Shipping ASA has, through its wholly owned subsidiary Farstad Supply AS,
reached an agreement with STX OSV AS to build 2 Anchor Handling / Offshore
Service vessels (AHTS) of the type UT 731 CD. Contract value is approx. NOK 1.2
billion.
The vessels are designed by Rolls Royce Marine with a total length of 87.4
meters and breadth of 21.0 meters. Bollard pull will be approx. 260 tons and
installed power is approx. 24 000 BHP. The vessels will be built according to
DNV's strictest environmental class - "Clean Design" - and will be arranged for
safe and efficient deepwater operations. The newbuilds are of the same design as
Langsten has previously delivered four of to Farstad during 2009-2010.
The steel hulls will be built in Romania and outfitting yard will be STX OSV
Langsten in Tomrefjord. Delivery of the vessels will be April and June 2013
respectively.
These newbuilds are part of Farstad's fleet renewal and focus on the segment for
deepwater activities.
With this latest order Farstad will have 8 vessels under construction at a
contract value of NOK 3.2 billion.
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 and 2 AHTS 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.
UT 731 CD:
http://hugin.info/45/R/1525202/460858.pdf
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(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#1525202]
Unternehmensinformation / Kurzprofil:
Datum: 22.06.2011 - 12:01 Uhr
Sprache: Deutsch
News-ID 55771
Anzahl Zeichen: 2744
contact information:
Town:
Ã…lesund
Kategorie:
Business News
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Die Pressemitteilung mit dem Titel:
"Contract for newbuildings"
steht unter der journalistisch-redaktionellen Verantwortung von
Farstad Shipping ASA (Nachricht senden)
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