FAR - Charter Agreements

FAR - Charter Agreements

ID: 99516

(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
Brazil for a 4 year period. Petrobras has the option to extend the contract with
another 4 years. The contract includes both anchor handling- and ROV services. A
third party has been contracted for delivery of the ROV services.

The vessel will be technically upgraded before start-up of the contract, which
is expected to take place during the first quarter of 2012.

The contract, excluding options, represents a gross revenue of approximately NOK
550 million.

AHTS Far Sailor (1997, UT 722, 16.800), contracted by Petrobras until end
February 2012, will replace Far Scout's two-year contract awarded by Petrobras
in November 2011. Far Sailor will therefore be in service for Petrobras in
Brazil for an additional 2 year period.


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 56 vessels (32 AHTS, 21 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#1573431]


Weitere Infos zu dieser Pressemeldung:
Unternehmensinformation / Kurzprofil:
drucken  als PDF  an Freund senden  Form 8.3 - Charter International Plc Basware extends cooperation with Skanska in Finland
Bereitgestellt von Benutzer: hugin
Datum: 22.12.2011 - 13:13 Uhr
Sprache: Deutsch
News-ID 99516
Anzahl Zeichen: 2429

contact information:
Town:

Ã…lesund



Kategorie:

Business News



Diese Pressemitteilung wurde bisher 333 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"FAR - 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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