Farstad Shipping ASA : Charter Agreement

(Thomson Reuters ONE) -


Farstad Shipping has been awarded the following charter contract:


PSV Far Superior (1990, UT 705L, 3.796 DWT) has, after a competitive tender
exercise, been contracted by Apache North Sea Ltd. for a 2 years firm contract
with 1+1 year option. Commencement of the contract is 6 November 2011.

Operation area will be British Sector, North Sea.

It has been agreed between the parties to keep the commercial terms of the
contract P & C.


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, 22 PSV and
3 SUBSEA) and 6 PSV and 2 AHTS under construction. The company's operations are
managed from Aalesund, Aberdeen, Melbourne, Perth, Singapore, Macaé and Rio de
Janeiro with a total of 1970 employees engaged onshore and offshore. The
company's strategy is to be a leading quality provider of large, modern offshore
service vessels to the oil industry. The company maintains a 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#1554097]

Weitere Infos zu dieser Pressemeldung:
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: hugin
Datum: 12.10.2011 - 08:46 Uhr
Sprache: Deutsch
News-ID 75087
Anzahl Zeichen: 1936

contact information:
Town:

Ã…lesund

Kategorie:

Business News

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