Vard Delivers New AHTS Vessel to Farstad

Vard Langsten has delivered AHTS Far Sirius (UT 731 CD) to Farstad Supply AS, a wholly owned subsidiary of Farstad Shipping ASA.

Vard Delivers New AHTS Vessel to Farstad

The UT 731 CD vessel is designed to work in extreme environmental conditions and carry out operations in waters as deep as 3,000 metres. With a total length of 87.4m, breadth of 21.0m, the ship has a bollard pull of approx. 260 tons and installed power of approx. 24,000 BHP.

Far Sirius will trade the spot market in the North Sea.

The long-term financing of the vessel is arranged by Eksportkreditt Norge AS in cooperation with GIEK and Sparebank 1 SMN.

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Farstad, April 3, 2014