Farstad Sells ‘Far Grimshader’ PSV

Farstad Shipping ASA has, through its wholly owned subsidiary Farstad Supply AS, sold the Far Grimshader platform supply vessel.

Delivery of the 1983-built vessel to the new owner has taken place today, Friday 7 February 2014. Sale of the vessel will give a booked profit of around NOK 15 million (USD 2.4 million) in the 1st quarter 2014.

Farstad did not say who the new owner was.