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Farstad Shipping ASA Farstad Shipping announces new charter commitments amounting to approximately Norwegian Kroner 540 million.
Apache Energy Ltd has secured the AHTS vessels Far Grip (UT722, 14,400bhp) and Far Sky (ME 303 Mk2, 14,400bhp) to support their 700 day drilling campaign off South-East Australia to be carried out by the semi-submersible rig "Ocean Patriot". The program is due to commence in late September this year.
Woodside Energy Ltd will commence a two year charter this month of the AHTS vessel Far Saltire (UT728, 16,600bhp) to include in the pool of vessels the Charterer has supporting their operations off the North-West coast of Australia.
The new charters all evidence a continued improvement in charter rates.
Contacts: Karl-Johan Bakken, CEO tel.: +47 901 05 697 Torstein L Stavseng, CFO tel.: +47 911 07 001
Farstad Shipping's fleet currently consists of 50 vessels (23 PSV and 27 AHTS) and 8 vessels (6 AHTS, 1 PSV, 1 CSV) under construction at Norwegian yards. The company's operations are run from Ålesund, Aberdeen, Melbourne, Singapore and Macaé by a total of 1550 empolyees 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.
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