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Home›Business & Finance›Farstad Secures Charters in UK and Brazil
Business & Finance

November 10, 2011 · about 15 years ago

Farstad Secures Charters in UK and Brazil

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 val

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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.

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.

[mappress] Source: Farstad Shipping , November 10, 2011

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