Farstad Shipping ASA, through its wholly owned subsidiary Farstad Supply AS, had been awarded a five year charter
contract by Peterson
Supplylink B.V. Peterson is a provider for 7 Dutch operators.
The contract, starting between January 1 and March 31, 2004,
demanded building of a new platform supply vessel (PSV). It is now
decided that the vessel will be built at Ulstein Verft AS for
delivery on the 22nd of December 2003.
The vessel is a newly developed Ulstein-design, P 106. The vessel,
will have dieselelectric propulsion system and will have a length of
74 meters and a beam of 16 meters.