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Farstad Shipping ASA Farstad Shipping announces new charter commitments in the range of Norwegian Kroner 330 - 420 million depending on options.
ENI has secured the AHTS vessels Far Sound and Far Sword (both UT712L - 15,900bhp) to support their Indonesian drilling campaign utilising the semi-submersible rig "Jack Bates". The program is schedule to commence in October and continue for approximately 240-260 days.
Australian Drilling Associates have secured the AHTS vessels Lady Astrid and Lady Caroline (both UT712 - 13,200bhp) in support of their drilling campaign on behalf of a consortium of operators around Australia utilising the semi-submersible rig "Songa Venus". The program is expected to commence in October and will be for one year with options to extend for an equivalent period.
The new charters enable Farstad Shipping to continue their support to the respective rigs at strengthening rate levels.
Contacts: Karl-Johan Bakken, CEO tel.: +47 901 05 697 Torstein L Stavseng, CFO tel.: +47 911 07 001
Farstad Shipping's fleet currently consists of 51 vessels (23 PSV and 28 AHTS) and 7 vessels (5 AHTS, 1 PSV, 1 CSV) under construction at Norwegian yards. The company's operations are run from Ålesund, Aberdeen, Melbourne, Singapore and Macaé by a total of 1550 employees onshore and offshore. The company's strategy is to be a major international supplier of large, modern offshore service vessels to the oil industry. We also remain committed to solid long-term charter profile for the fleet.
