Farstad Takes Delivery of ‘Far Statesman’ OSV

Farstad Shipping, a Norway-based owner of offshore support vessels, today announced it has taken delivery of Far Statesman offshore service vessel from Vard Langsten.

As previously announced, Farstad has sold the vessel to Ocean Yield AS and leased it back on a 12 year bareboat charter. The agreement includes options for Farstad Supply AS to buy back the vessel. The vessel will operate in the North Sea spot market.