Chevron, Farstad agree long term charters for two AHTS vessels

Farstad Shipping, an owner of offshore support vessel from Norway, has secured a contract extension for two of its vessels in Australia.

The company has announced that Chevron Australia has declared their option to extend the contract for the AHTS Far Saracen and the AHTS Far Shogun  for another 38 months.

The total value of the contracts is approximately NOK 775 million (USD 128 million)