Vietnam Shipyard Delivers Farstad OSV

Offshore Service Vessel 'Far Skimmer' delivered from STX OSV Vung Tau in Vietnam to Farstad Shipping Pte. Ltd. in Singapore.

Upon arrival in Australia, the vessel will commence its long term commitment to Shell Australia related to their Prelude drilling campaign.

A long-term facility has been drawn with Nordea Bank to finance the vessel.

Farstad Shipping Pte. Ltd. in Singapore, is a wholly owned subsidiary of Farstad Shipping ASA.

Farstad Shipping's fleet currently consists of 55 vessels (29 AHTS, 23 PSV and 3 SUBSEA) and 6 PSV and 4 AHTS under construction. The company's operations are managed from Aalesund, Aberdeen, Melbourne, Perth, Singapore, Macaé and Rio de Janeiro with a total of 2000 employees engaged onshore and offshore.