Vessel delivery and long-term financing
(Thomson Reuters ONE) -
"Far Saracen" (AHTS UT731CD) has today Wednesday 24 March been delivered from
STX Norway Offshore AS, Langsten, to Farstad Supply AS, a wholly owned
subsidiary of Farstad Shipping ASA. The vessel will trade the spot market in the
North Sea.
A long-term facility of NOK 435 million has been drawn with Eksportfinans ASA to
finance the vessel. The loan is guaranteed by GIEK, Handelsbanken and DnB NOR
Bank ASA.
Contacts:
CEO Karl-Johan Bakken - tel. +47 90 10 56 97
CFO Torstein Stavseng - tel. +47 91 10 70 01
Farstad Shipping's fleet currently consists of 58 vessels (24 PSV, 31 AHTS and
3 SUBSEA). The company's operations are run from Ålesund, Aberdeen, Melbourne,
Singapore and Macaé by a total of 1.850 employees onshore and offshore. The
company's strategy is to be a major international supplier of large, modern
offshore service vessels to the oil industry. We also remain committed to solid
long-term charter profile for the fleet.
www.farstad.com
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
[HUG#1397106]
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Datum: 24.03.2010 - 07:44 Uhr
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