Farstad Shipping has been awarded the charter contract for AHTS Far Scout (2001, UT 722L, 18.700 BHP) by Petrobras in Brasil for a 2 year and another 1 year option for PSV Far Splendour (2003, P 106, 3.503 DWT) has been exercised with the North Sea Peterson .
Total value of the contracts is approximately NOK 200 mill (USD 35.11 million)
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.
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Source: Farstad, November 9, 2011