Norway: Farstad Shipping Sells PSV Vessel Lady Christine

Farstad Shipping ASA has, through its wholly owned subsidiary P/R International Offshore Services ANS, reached an agreement to sell the PSV vessel ‘Lady Christine’ (1985, ME 202, 2.368 DWT).

Delivery of the vessel to the new owner is expected to take place in October 2011.

Sale of the vessel will give a booked profit of approx. NOK 11 mill. in the 4th quarter 2011.

[mappress]
Source: Farstad , July 4, 2011