Monday, February 6, 2017
Interesting

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 after three of Norway’s biggest offshore oil...

February 6, 2017
Total Views: 103

Thursday, January 5, 2017
Maritime News

Farstad’s Restructuring Deal with Siem Falls Through

Norwegian shipping company Farstad Shipping announced Thursday a planned restructuring deal with Siem has been ended by its creditors, calling into question the future operations of the company.  The financial restructuring with Siem...

January 5, 2017
Total Views: 1

Friday, December 9, 2016
News

Farstad Finds Work Off Australia

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 it has received a LOI...

December 9, 2016
Total Views: 3

Friday, October 2, 2015
Maritime News

Farstad Shipping to Lay Up Five Vessels

  Farstad Shipping said Friday it is planning to lay up two platform supply vessels and three anchor handling tugs in Norway, marking the latest casualty of the weakened offshore market that...

October 2, 2015
Total Views: 9

Wednesday, December 17, 2014
vard 3 17 farstad oscv subsea
News

Farstad Signs Newbuild Order with VARD

Following up on their newbuild plan and associated charter contract announced last week, Farstad Shipping has today chosen Vard Holding Ltd. for the shipbuilding project. Farstad’s NOK 520 million (USD $70 million) Offshore...

December 17, 2014
Total Views: 27

Friday, December 12, 2014
far scout psv farstad
News

Farstad and Technip to Build New Subsea Support Vessel

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 operations, light construction work, IMR and...

December 12, 2014
Total Views: 5

Tuesday, October 29, 2013
far saga
Offshore

Farstad Awarded Major Contracts Offshore Brazil

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 AHTS Far...

October 29, 2013
Total Views: 2

Tuesday, September 17, 2013
far senator farstad
News

Farstad Wins New Contracts Offshore Brasil

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 Brasil: A 6 month contract...

September 17, 2013
Total Views: 0

Wednesday, August 21, 2013
STX OSCV 07 offshore subsea construction vessel
News

Farstad Orders New Subsea IMR Vessel from VARD

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 by Vard’s...

August 21, 2013
Total Views: 11

Wednesday, May 29, 2013
STX PSV 08 CD far starling
News

Farstad Accepts Delivery of the PSV Far Starling

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 facility has been drawn...

May 29, 2013
Total Views: 5

Monday, April 29, 2013
Far supporter PSV farstad
News

PSV Far Supporter Awarded 3-Year Contract with Petrobras

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. Total value of...

April 29, 2013
Total Views: 2

Monday, April 8, 2013
far strider farstad
Offshore

PSV Far Strider Awarded 4+4 Year Contract with Petrobras

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 operating in...

April 8, 2013
Total Views: 2

Thursday, February 14, 2013
STX OSCV 07 offshore subsea construction vessel
News

Farstad Expands Subsea Construction Vessel Fleet with Latest $150M Newbuild Order

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 construction contract with STX OSV AS for...

February 14, 2013
Total Views: 34