Farstad Shipping ASA: Charter Agreements

(Thomson Reuters ONE) -


Farstad Shipping has been awarded the following charter contracts:


AHTS Far Scout (2001, UT 722L, 18.700 BHP) has been contracted by Petrobras in
Brasil for a 2 year firm contract.

In the North Sea Peterson has exercised another 1 year option for PSV Far
Splendour (2003, P 106, 3.503 DWT).

Total value of the contracts is approximately NOK 200 mill.



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
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originality of the information contained therein.

Source: Farstad Shipping ASA via Thomson Reuters ONE

[HUG#1562525]

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Bereitgestellt von Benutzer: hugin
Datum: 09.11.2011 - 15:45 Uhr
Sprache: Deutsch
News-ID 85920
Anzahl Zeichen: 1855

contact information:
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