Norway: Farstad Secures Four Charter Contracts

Farstad Shipping announces that it has been awarded with charter contracts from Statoil, Woodside  and Petrobras.

Statoil has declared their option to extend the contracts for PSV Far Seeker (2008, UT 751E, 4.905 DWT) and PSV Far Searcher (2008, UT 751E, 4.992 DWT) for a period of 12 months.

Woodside in Australia has chartered AHTS Far Grip (1993, UT 722, 14.400 BHP) for a period of 9 months with commencement in the beginning of March.

In Brazil Petrobras has extended the contract for AHTS Far Sagaris (2009, UT 731CD, 23.700 BHP) until end October 2012.

Total value of the contracts is approximately NOK 250 million.

(250 million Norwegian kroner = 44.02100 million U.S. dollars)

[mappress]
World Maritime News Staff, February 20, 2012; Image: Farstad