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Solstad Farstad sells AHTS vessel

Solstad Farstad sells AHTS vessel
Newly merged Solstad Farstad, which claimed to be the world’s largest OSV firm, has sold a relatively new AHTS vessel Far Shogun.

The 2010-built, 23,664-bhp Far Shogun has been delivered to the unnamed new owner on Thursday, Solstad Farstad announced.

“The sale of the vessel will result in an immaterial accounting effect for 3Q 2017,” Solstad Farstad stated, without disclosing the financial details of the deal.

The OSV owner was formed from the merger of three Norwegian firms – Deep Sea Supply, Farstad Shipping and Solstad Offshore. The integration was completed on 21 June.