Farstad Shipping ASA – Report 2Q and 1st half year accounts 2015
Attached please find Report 2Q and 1st half year 2015.
Farstad Shipping achieved an operating income of NOK 1,038.8 million for the 2nd quarter. The operating profit (EBIT) was negative NOK 31.0 million. The profit after taxes was negative NOK 119.5 million.
The operating income at 30.06.15 was NOK 2,101.9 million. The operating profit (EBIT) was NOK 94.6 million. The profit after taxes was negative NOK 423.8 million.
Contacts for further information:
CEO Karl-Johan Bakken – tel. +47 901 05 697
CFO Torstein L. Stavseng – tel. +47 911 07 001
Farstad Shipping’s fleet currently consists of 62 vessels (31 AHTS, 25 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. The company maintains a long-term charter profile for the fleet.