Farstad Enters Long-Term Charter with Arrendadora

Wednesday, June 11, 2003
The Mexican offshore service company Arrendadora Ocean Mexicana SA is nominated as winner of a maintenance contract for the oil company Pemex in Mexico. This contract is based on the utilisation of two of Farstad's vessels, and Farstad Shipping ASA will as a consequence enter into a long-term charter with Arrendadora Ocean Mexicana SA for Far Scotia and Far Swift, each for 3.3 years. Total contract value for Fartad Shipping ASA is approx. NOK 225 million, and both vessels will commence operations in August/September. Far Scotia and Far Swift are both platform supply vessels (PSV) of the UT 755 design. Far Scotia will finish a two year contract for ASCO in July, while the newbuild Far Swift will be delivered from the yard (Brevik Construction AS) early in the same month. Both vessels will start operations after installation of an extra accommodation module, additional equipment and mobilization for Mexico.

Maritime Today


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

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

Contracts

Haven Marine Signs Service Contract with Svitzer

Haven Marine Services informs it has signed a five year contract with Svitzer which will see the yard service the requirements of Svitzer’s vessels within the Bristol Channel and Irish Sea areas.

Portugal PM Warns Lisbon Dock Workers to End Strike

Portugal's prime minister warned Lisbon dock workers on Friday that his patience was running out after a strike that has lasted a month, paralysing the city's ports.

Hercules Offshore Filing for Bankruptcy Again

Hercules Offshore Inc said it planned to file for prepackaged Chapter 11 bankruptcy, just six months after the rig contractor emerged from bankruptcy protection.

Offshore

Hercules Offshore Filing for Bankruptcy Again

Hercules Offshore Inc said it planned to file for prepackaged Chapter 11 bankruptcy, just six months after the rig contractor emerged from bankruptcy protection.

DONG Energy Listing to Value Group at up to $16 Bln

DONG Energy's has set a potential $16 billion price tag on its stock market debut, giving investors a chance to buy into the growth in offshore wind power, but

Østensjø Rederi Orders Another Wind Farm Vessel

Rolls-Royce has signed a contract with shipyard Astilleros Gondan in Spain to design and equip a second Service Operation Vessel for ship owner Østensjø Rederi.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Naval Architecture Navigation Offshore Oil Port Authority Ship Electronics Ship Simulators Sonar Winch
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: 0.0766 sec (13 req/sec)