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 Reporter May 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

SFL Adjusts Charter Agreement with Frontline

Ship Finance International Limited (SFL) announced that it has entered into a heads of agreement to amend the long-term chartering agreements with Frontline Ltd.

New Ship Continues Atlantic Offshore's Fleet Modernization

Atlantic Offshore Rescue will unveil the third new vessel in the past 12 months as part of its fleet modernization program, representing an investment totaling $458 million.

Frontline Beats Q1 Forecasts, Inks Ship Finance Deal

Crude oil tanker firm Frontline posted first-quarter operating profit above expectations on Friday and said it had renegotiated its relationship with chartering

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Offshore Oil Pod Propulsion Salvage Ship Electronics Ship Repair Ship Simulators 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: 0.1289 sec (8 req/sec)