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Farstad Shipping bags charter contracts for 13 OSVs

Norway's Farstad Shipping has clinched charter contracts worth a total of NOK525m ($87.76m) comprising of 13 offshore support vessels (OSVs).

Lee Hong Liang, Asia Correspondent

April 23, 2014

1 Min Read

Kalyakan - stock.adobe.com

The a mix of platform supply vessels (PSVs) and anchor handling tug supply (AHTS) vessels have been contracted by oil companies to work for between one month to two years.

The OSVs will be deployed to various countries including Brazil, Russia and Australia.

Farstad Shipping's fleet currently consists of 60 vessels (32 AHTS vessels, 25 PSVs and 3 subsea vessels). It also has a pair of PSVs and two subsea vessels under construction.

About the Author

Lee Hong Liang

Asia Correspondent

Singapore-based Lee Hong Liang provides a significant boost to daily coverage of the Asian shipping markets, as well as bringing with him an in-depth specialist knowledge of the bunkering markets.

Throughout Hong Liang’s 14-year career as a maritime journalist, he has reported ‘live’ news from conferences, conducted one-on-one interviews with top officials, and had the ability to write hard news and featured stories.

See more from Lee Hong Liang

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