Farstad Shipping Sells PSV ‘Far Grimshader’ (Norway)

Farstad Shipping ASA has, through its wholly owned subsidiary Farstad Supply AS, sold the PSV Far Grimshader (1983, UT 706 L, 3,225 DWT).

Delivery of the vessel to the new owner has taken place today, Friday 7 February 2014.

Sale of the vessel will give a booked profit of approx. NOK 15 mill. (approx. USD 2.4 million)in the 1st quarter 2014.

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Farstad Shipping, February 7, 2014