Aker Yards to Build Farstad Supply Boat

Aker Yards has signed a contract with Farstad Supply AS, a company within Farstad Shipping ASA in Ålesund, Norway, to deliver one UT 751 CD platform supply vessel. The contract value is approx NOK 320 million. This is the 21st contract between the shipowner Farstad Shipping and Aker Yards. The hull for the vessel will be built in Braila, Romania and outfitted at Aker Yards, Brevik. Delivery of the vessel is scheduled for January 2009.