Farstad Shipping ASA

Farstad Shipping ASA (OSL:FAR) Farstad Shipping has achieved a 3 year contract (plus 3 x 1 month options) with Marathon Norway for the platform supply vessel Far Service (UT 745, 1995, 4.680 DWT). Start up of the contract is August in direct continuation of the existing employment.

Farstad Shipping ASA (OSL:FAR) Farstad Shipping ASA will present the half-year accounts 2008 Friday 22 August at 9 a.m. at the Norwegian Shipowners' Association's office, 7th floor, Oslo.

Farstad Shipping ASA P/R International Offshore Services ANS, a wholly owned company of Farstad Shipping ASA, has reached an agreement to sell the anchor-handling tug supply vessel "Lady Dawn" (built in 1982) to European Venture III AS. Delivery of the vessel to the new owner will take place in mid-August 2008.

Farstad Shipping ASA Farstad Shipping announces new charter commitments in the range of Norwegian Kroner 330 - 420 million depending on options.

Farstad Shipping ASA "Far Sabre" (AHTS UT 712 L) has on Saturday 12th July been delivered from Aker Yards ASA to Farstad Supply AS, a wholly owned subsidiary of Farstad Shipping ASA. The vessel will trade the spot market in the North Sea.

Farstad Shipping ASA Farstad Shipping announces new charter commitments amounting to approximately Norwegian Kroner 540 million.