Farstad Anticipates Platform Supply Vessel

Tuesday, March 04, 2003
Farstad Shipping ASA, through its wholly owned subsidiary Farstad Supply AS, has reached an agreement with Ulstein Shipping AS to take delivery of an offshore supply vessel under construction at Ulstein Verft AS. The vessel is a platform supply vessel of design ULSTEIN P105 for delivery on December 12, 2003. The vessel is a Ulstein-design and will have dieselelectric propulsion system, a length of 86 meters and a beam of 19 meters. The recently approved net wage system for Norwegian seamen was decisive for Farstad Shipping making this investment. At present Farstad has a fleet of 44 vessels, 23 of these are operating outside the North Sea. The company's newbuilding program counts 9 vessel (wholly and partly owned). Six of these vessels are built in Norway. Three vessels are built in Brazil for long-term contracts with Petrobras.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter February 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

Cautious Optimism on Pacific NorthWest LNG Report

Canadian Environmental Assessment Agency (CEAA)  has ruled that Pacific NorthWest LNG’s project in British Columbia would likely harm harbour porpoises and contribute to climate change,

UPS Oposes CP-NS Merger

UPS, one of North America’s largest intermodal shippers, has told federal regulators that it is against Canadian Pacific Railway's (CP's) proposed acquisition of Norfolk Southern Corp.

SunEdison Restrained from 'Unusual' Asset Transfers

Solar company SunEdison Inc said a U.S. court has restrained the company from making any unusual asset transfers until a hearing in a lawsuit brought on by investors

Offshore

Premier Oil and Rockhopper Abandon Ocean Rig Contract

Two of the major British players in Falkland Islands offshore oil development, Premier Oil and Rockhopper Exploration, cancelled a joint venture contract with Ocean Rig UDW.

US Oil Drillers Cut Rigs to Least in 6 Years

U.S. energy firms this week cut oil rigs for an eighth week in a row to the lowest levels since January 2010, data showed on Friday, as energy firms continue to

Eni, Exxon, Statoil Win Irish Offshore O&G Licences

The Irish government said on Thursday it had awarded oil and gas licences to companies including oil majors Eni, Exxon and Statoil , allowing them to explore for hydrocarbons off the coast of Ireland.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Navigation Offshore Oil Pod Propulsion Port Authority Salvage Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0723 sec (14 req/sec)