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. in the 1st quarter 2014.
CEO Karl-Johan Bakken – tel. +47 901 05 697
CFO Torstein L. Stavseng – tel. +47 911 07 001
After the sale of Far Grimshader Farstad Shipping’s fleet consists of 58 vessels (30 AHTS, 25 PSV and 3 SUBSEA) and 2 AHTS, 2 PSV and 2 SUBSEA under construction. The company’s operations are managed from Aalesund, Aberdeen, Melbourne, Perth, Singapore, Macaé and Rio de Janeiro with a total of 2100 employees engaged onshore and offshore. The company’s strategy is to be a leading quality provider of large, modern offshore service vessels to the oil industry. The company maintains a long-term charter profile for the fleet.