Distribution of company announcements to the professional platforms, finance portals and syndication of important corporate news to a wide variety of news aggregators and financial news systems.
Farstad Shipping ASA "Far Sabre" (AHTS UT 712 L) has on Saturday 12th July been delivered from Aker Yards ASA to Farstad Supply AS, a wholly owned subsidiary of Farstad Shipping ASA. The vessel will trade the spot market in the North Sea.
A long-term facility of NOK 231 million has been drawn with Eksportfinans ASA to finance the vessel. The loan is guaranteed by Sparebanken Møre and Swedbank AB.
Farstad Shipping's fleet currently consists of 51 vessels (23 PSV and 28 AHTS) and 7 vessels (5 AHTS, 1 PSV, 1 CSV) under construction at Norwegian yards. The company's operations are run from Ålesund, Aberdeen, Melbourne, Singapore and Macaé by a total of 1550 employees onshore and offshore. The company's strategy is to be a major international supplier of large, modern offshore service vessels to the oil industry. We also remain committed to solid long-term charter profile for the fleet.
