Shell Australia Hires Farstad’s Newly Delivered PSV

Today, Monday 17 September, Far Skimmer (STX PSV08 CD) has been delivered from STX OSV Vung Tau in Vietnam to Farstad Shipping Pte. Ltd. in Singapore, a wholly owned subsidiary of Farstad Shipping ASA.

Upon arrival in Australia, the vessel will commence its long term commitment to Shell Australia related to their Prelude drilling campaign.

A long-term facility has been drawn with Nordea Bank to finance the vessel.

Farstad Shipping’s fleet currently consists of 55 vessels (29 AHTS, 23 PSV and 3 SUBSEA) and 6 PSV and 4 AHTS under construction.

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Source: Farstad, September 17, 2012