Farstad Shipping ASA – Sale of vessel
Farstad Shipping ASA has, through its wholly owned subsidiary Farstad Supply AS, sold the PSV Far Scandia (1991, UT 705, 3,100 DWT).
Delivery of the vessel to the new owner has taken place today, Friday 15 January 2016.
Sale of the vessel will give a booked loss of approx. NOK 8 mill. in the 4th quarter 2015.
Contacts:
CEO Karl-Johan Bakken – tel. +47 901 05 697
CFO Torstein L. Stavseng – tel. +47 911 07 001
After the sale of Far Scandia Farstad Shipping’s fleet consists of 60 vessels (30 AHTS, 24 PSV and 6 SUBSEA) and 1 SUBSEA vessel under construction. The company’s operations are managed from Aalesund, Melbourne, Perth, Singapore, Macaé and Rio de Janeiro with a total of 2,100 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.