Farstad Shipping ASA – Sale of vessel
Farstad Shipping ASA has sold the PSV Lady Grete (2002, UT 755 L, 3,264 DWT). The sale of the vessel has been conducted on behalf of the wholly owned subsidiary Farstad Shipping Pte. Ltd. in Singapore. Delivery of the vessel to the new owner took place Monday 29 February 2016. The sale of the vessel gave a book loss of NOK 63 million, whereof NOK 60 million is booked as impairment in the 4Q 2015 accounts. Contacts: CEO Karl-Johan Bakken – tel. +47 901 05 697 CFO Torstein L. Stavseng – tel. +47 911 07 001 After the sale of Lady Grete Farstad Shipping’s fleet currently