Norway’s Farstad, Solstad, and Deep Sea Supply to Merge, Creating Offshore Supply Vessel Giant
By Gwladys Fouche and Jonathan Saul OSLO/LONDON, Feb 6 (Reuters) – The pace of consolidation in the crisis-hit shipping industry accelerated on Monday
By Gwladys Fouche and Jonathan Saul OSLO/LONDON, Feb 6 (Reuters) – The pace of consolidation in the crisis-hit shipping industry accelerated on Monday
Norwegian shipping company Farstad Shipping announced Thursday a planned restructuring deal with Siem has been ended by its creditors, calling into
Norwegian offshore service vessel owner Farstad has announced it has been secured work for a total of six vessels offshore Australia. The company said Friday
Farstad Shipping said Friday it is planning to lay up two platform supply vessels and three anchor handling tugs in Norway, marking the latest
Following up on their newbuild plan and associated charter contract announced last week, Farstad Shipping has today chosen Vard Holding Ltd. for the
Norwegian OSV operator Farstad Shipping ASA announced today the award of a 5-year framework agreement by Technip Norge AS for delivery of ROV support
Farstad announced a major new charter contracts today with Petrobras worth upwards of USD $186 million for the IMR vessel Far Saga (2001, UT 745 L) and the
Farstad announced the winning of three new contracts today worth a total of NOK 150 million for operations offshore Brazil. The contracts consist of: Shell
Farstad Shipping has announced today the signing of a NOK 825 million newbuild contract with VARD for a Subsea IMR vessel. Farstad notes the hull will be built
Farstad has just accepted delivery of the platform supply vessel Far Starling (STX PSV08 CD), recently built at Vard Vung Tau shipyard in Vietnam. A long-term
Petrobras has awarded a 3 years firm contract to PSV Far Supporter (1996, UT 750, 4,680 DWT). The contract is in direct continuation of the existing contract.
PSV Far Strider (1999, VS 483, DWT 4,709) has been awarded a four year contract with a four year option in Brazil by Petrobras. Far Strider is currently
Farstad Shipping ASA has, through its wholly owned subsidiary Farstad Supply AS, announced today the signing of a NOK 825 million (USD $150 million) newbuild
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