Farstad Offshore Vessel Squadron Chartered Out

By George Backwell
Thursday, July 24, 2014
Farstad OSV's: Image courtesy of Farstad ASA

Farstad Shipping ASA reports the following charter contracts, with a total value (including options) of approximately NOK 1.75-billion, as follows:

Inpex has awarded contracts to AHTS Far Sword (2006, UT 712 L, 14.700 BHP) and AHTS Far Stream (2006, UT 712 L, 14.700 BHP). Commencement is expected to take place in November 2014. The duration of the contracts will be approx. 40 months, with further up to 24 months options.

In addition the PSV Far Seeker (2008, UT 751 E, 4.905 DWT) has been awarded a contract by Inpex with commencement expected to be in November 2014. The contract is for a firm duration of 18 month with further up to 24 months options. The vessel is for the time being traded in the North Sea.

Woodside Energy Ltd. has awarded AHTS Far Sirius (2014, UT 731 CD, 24.400 BHP) a 16 month contract, with further up to 18 months options.  Commencement is expected to take place in October 2014. The vessel has been traded in the spot market in the North Sea. AHTS Far Stream (2006, UT 712 L, 14.700 BHP) has been awarded a 60 days contract by Woodside with start up in August.

Esso Australia has awarded the PSV Far Supplier (1999, VS 483, 4.709 DTW) a two year contract, with further 3 years options. In addition the PSV Far Scandia (1991, UT 705, 3.100 DTW) have been awarded a contract for a fixed period of 10 months with additional 6 months options. The new contracts are in direct continuation of existing contracts.

 ENI Australia Ltd:
AHTS Far Sabre (2008, UT 712 L, 14.700 BHP) and AHTS Far Sound (2007, UT 712 L, 14.700 BHP) have been awarded contracts by ENI Australia Ltd. for a fixed period of 110 days with additional 35 days options. Commencement is expected to take place in September 2014.

SINOPEC: AHTS Lady Caroline (2003, UT 712, 12.240 BHP) has been awarded a 60 days contract by SINOPEC for the support of the Stena Clyde. Commencement is expected to take place in August 2014.

Statoil  has awarded a contract to PSV Far Scotsman (2012, PSV 08 CD, 4,000 DWT) to support the Statoil drilling operations in Tanzania. Commencement will take place in direct continuation to present contract with same charterer. The duration of the contracts will be 8 months, with a further 6 x 6 months option.

Karoon Petroleo & Gas Ltda has awarded a 5 months contract with a further 4 x 30 days option to AHTS Far Senator (2013, UT 731 CD, 24,400 BHP) to support their drilling program in Brazil. Commencement of the contract will take place during July 2014.

Petrobras has extended the contract on AHTS Far Santana (2000, UT 730, 19 200 BHP) with another 4 year in direct continuation with present contract.

www.farstad.com
 

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

People & Company News

BMT WBM Scientist Udy wins Kevin Smith Prize

BMT WBM’s Brisbane-based Graduate Scientist, Danielle Udy, was recently awarded the Royal Geographical Society of Queensland 2014 Kevin Smith Prize for her honours research.

Launch of First Future Destroyer, Hobart

Speech delivered by the Minister for Defence, Kevin Andrews during the launch of Hobart - the first future destroyer: Thank you for being here on this very important day.

2 Americans Rescued North of Cuba

A Coast Guard MH-60 helicopter crew rescued two American sailors whose vessel ran aground approximately 25 miles north of Gibara, Cuba, Friday. Watchstanders

Contracts

Mayor Garcetti on Ratification of Port Labor Contract

International Longshore and Warehouse Union members have ratified a five-year contract governing pay and work rules at 29 West Coast ports, including those of Los Angeles and Long Beach.

Fincantieri Invests In Camper & Nicholsons

Fincantieri has signed an agreement for the acquisition of a minority stake via capital injection in Camper & Nicholsons International (Camper & Nicholsons), the

Egypt's $3 Bln LNG tender in June

Egypt is reportedly to issue a tender in early June to buy up to $3 billion of liquefied natural gas over 2016 and 2017, Reuters reports.   The country recently

Offshore

Mobil Says Oil Discovery off Guyana is 'Significant'

Unlike almost all its neighbors, Guyana isn’t an oil producer yet. But the energy giant Exxon Mobil recently announced it had discovered “significant” oil off the coast.

US Oil Platform on Fire in Gulf Of Mexico

An oil platform caught fire and was evacuated in the U.S. Gulf of Mexico offshore Louisiana in the early hours of Friday, though no injuries were reported, the U.

IMO Adopts Polar Code Environmental Provisions

United Nations' International Maritime Organization (IMO) has adopted the environmental part of the Polar Code. Hereby, internationally binding regulations on

Finance

Fincantieri Invests In Camper & Nicholsons

Fincantieri has signed an agreement for the acquisition of a minority stake via capital injection in Camper & Nicholsons International (Camper & Nicholsons), the

Tsakos Energy Navigation Reports 156% Increase in Q1 Profits

Greece-based Tsakos Energy Navigation Ltd (TEN) has reported first-quarter profit of $37.3 million from $14.6 million in Q1 2014 - a 156% Increase. On a per-share basis it has profit of 42 cents.

Egypt's $3 Bln LNG tender in June

Egypt is reportedly to issue a tender in early June to buy up to $3 billion of liquefied natural gas over 2016 and 2017, Reuters reports.   The country recently

Vessels

Launch of First Future Destroyer, Hobart

Speech delivered by the Minister for Defence, Kevin Andrews during the launch of Hobart - the first future destroyer: Thank you for being here on this very important day.

Seaway to Receive Prestigious OECD Award

The St. Lawrence Seaway Management Corporation (SLSMC) announced today that it will receive a prestigious award from the Organization for Economic Cooperation

Oil Leak Contained at MV Miner Site

On-site workers acted quickly to contain an oil leak during the final stages of removing the wreck of the MV Miner off Scaterie Island, says the government of Canada’s Nova Scotia province.

Offshore Energy

Mobil Says Oil Discovery off Guyana is 'Significant'

Unlike almost all its neighbors, Guyana isn’t an oil producer yet. But the energy giant Exxon Mobil recently announced it had discovered “significant” oil off the coast.

US Oil Platform on Fire in Gulf Of Mexico

An oil platform caught fire and was evacuated in the U.S. Gulf of Mexico offshore Louisiana in the early hours of Friday, though no injuries were reported, the U.

Protea to Launch Heavy-Lift Cranes at Nor-Shipping

Protea, a global manufacturer of offshore handling equipment, will launch two types of heavy lift cranes at Nor-Shipping 2015 in Oslo, June 2-5. Tomasz Paszkiewicz,

 
 
Maritime Careers / Shipboard Positions Maritime Standards Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Salvage 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: 0.1854 sec (5 req/sec)