Wednesday, July 8, 2015

Farstad Shipping ASA – Vessel conveyance and long haul financing

Farstad Shipping ASA – Vessel conveyance and long haul financing

Tuesday, Jul 07, 2015

Farstad Shipping ASA has today Tuesday 7 July taken conveyance of subsea-/development vessel Far Sentinel (Vard 3 07) from Vard Langsten.

The vessel is intended for subsea development/IMR operations to 3,000 meters water profundity, has a general length of 142.6 meters, light emission meters and a deck range of 1,800 m². The vessel is outfitted with two seaward cranes, of which the bigger one has a lifting limit of 350 tons. Moreover the vessel is organized 3 pc ROV (Remote Working Vehicles) and convenience for 130 persons.

The long haul financing of the vessel is masterminded by Eksportkreditt Norge AS, DNB, Swedbank and GIEK.

There is no sanction contract secured upon conveyance from the yard.

Farstad Shipping's armada as of now comprises of 62 vessels (31 AHTS, 25 PSV and 6 SUBSEA) and 1 SUBSEA vessel under development. The organization's operations are overseen from Aalesund, Melbourne, Perth, Singapore, Macaé and Rio de Janeiro with a sum of 2,200 workers drew in inland and seaward. The organization's procedure is to be a main quality supplier of vast, cutting edge seaward administration vessels to the oil business. The organization keeps up a long haul sanction profile for the armada.

For more data, please visit : https://www.farstad

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good article
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