Farstad Shipping Awarded Charter Contracts

Tuesday, December 02, 2003
Farstad Supply AS has been awarded charter contracts for Far Strider and Far Superior for one year with two one-year options for each of the vessels. The contracts are for Team Marine in Aberdeen for whom the vessels have operated for five and two years respectively. The existing contracts end in December (Far Superior) and January (Far Strider). The new contracts will start in January 2004. Both vessels are platform supply vessels and Far Strider was built in 1999, and Far Superior in 1990. In addition Farstad Shipping ASA has also reached an agreement to extend the contract for Far Fosna for three years from October 2005 till October 2008. This vessel has operated for Shell in Norway since 1993, but in connection with the extension, the contract for Far Fosna has been transferred from Shell Norway to Shell UK. Far Fosna is an anchorhandling vessel of 14.400 BHP built in 1993 to operate on the Draugen field. Total contract value for the firm period for the two platform supply vessels and the extension of the contract for Far Fosna is approx. NOK 162 million.

Maritime Today


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

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

Contracts

Swiftships to Procure Patrol Craft Kits for Egyptian Navy

Naval Sea Systems Command (NAVSEA) awards contract to Swiftships for four 28-meter KITs for the Egyptian Navy   On June 28, 2016 Louisiana-based Swiftships, LLC,

Ingalls to Build US Warship LH8

Huntington Ingalls Industries (HII) announced that its Ingalls Shipbuilding division has been selected to build the U.S. Navy’s next large-deck amphibious assault warship, LHA 8.

Asia Tankers-VLCC Rates Expected to Soften

MidEast rates slip from two-week high on June 28; raft of new ships and repaired vessels weigh on rates. Freight rates for very large crude carriers (VLCCs)

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Pipelines Port Authority Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction 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: 0.0725 sec (14 req/sec)