Farstad Shipping ASA has, through its wholly owned subsidiary Farstad Supply AS, sold the AHTS Far Sky (1991, ME 303 II, 13,382 BHP).
Delivery of the vessel to the new owner has taken place today, Tuesday 17 March 2015.
Sale of the vessel will give a booked loss of approx. NOK 4.5 mill. in the 1st quarter 2015.
Contacts:
CEO Karl-Johan Bakken - tel. +47 901 05 697
CFO Torstein L. Stavseng - tel. +47 911 07 001
After the sale of Far Sky Farstad Shipping`s fleet consists of 61 vessels (31 AHTS, 26 PSV and 4 SUBSEA) and 3 SUBSEA vessels under construction. The company`s operations are managed from Aalesund, Melbourne, Perth, Singapore, Macaé and Rio de Janeiro with a total of 2,200 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.
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Farstad Shipping ASA via GlobeNewswire
HUG#1904096