Farstad Purchases Vessel Under Construction

Thursday, July 05, 2007
Farstad Shipping has reached an agreement with Island Offshore to buy their newbuild no. 62 at Aker Yards Brevik. Farstad will immediately enter into the contract with the yard. The newbuild is an AHTS of type UT 712L (15.900 BHP) to be delivered in September 2008. The purchase price corresponds to a vessel value of $68.6m. Farstad Shipping has a similar vessel under construction at the yard for delivery in March 2008. During the last year the yard has delivered three of the same type of vessels to Farstad Shipping.
Maritime Reporter January 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

Imabari to Build 20,000TEU Containerships

Imabari Shipbuilding Co., Ltd. announced it has secured newbuild orders with the cooperation of Marubeni Corporation for 11 units of 20,000TEU Ultra-Large Container Carriers,

SSI Launches ShipConstructor 2015 R2.1

SSI has today released ShipConstructor 2015 R2.1 software.   The software release comes in response to emerging ship design, engineering and building trends as

HII Acquires Engineering Solutions Division

Huntington Ingalls Industries (HII) has acquired the Engineering Solutions Division of The Columbia Group, a designer and builder of unmanned underwater vehicles

Ship Sales

ThyssenKrupp: Submarine Unit Not For Sale

German industrial group ThyssenKrupp is not in talks to sell its submarine unit nor is it in talks to sell its stainless steel unit VDM, its chief executive said on Friday.

Young to Head New Zealand Shipping Federation

The New Zealand Shipping Federation (NZSF) said it has appointed Annabel Young as its new executive director.  It said Ms Young was a National Party list MP from

Indonesia Joins Spain, Italy in Maritime Development Plan

Indonesia to have full cooperation in maritime infrastructure development from European countries Spain and Italy, says a report in Jakarta Post.  Spanish Ambassador

 
 
Maritime Security Maritime Standards Navigation Offshore Oil Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1082 sec (9 req/sec)