Scandinavian Oil-Gas Magazine

http://www.scandoil.com/moxie-bm2/news/boats/farstad-reports-vessel-delivery-and-long-term-fina.shtml

Farstad reports vessel delivery and long-term financing

Farstad Shipping says that "Far Sagaris" (AHTS UT731CD) has been delivered from STX Norway Offshore AS, Langsten, to Farstad Supply AS, a wholly

Farstad - Far Sagaris

Farstad Shipping says that "Far Sagaris" (AHTS UT731CD) has been delivered from STX Norway Offshore AS, Langsten, to Farstad Supply AS, a wholly owned subsidiary of Farstad Shipping ASA. The vessel will trade the spot market in the North Sea.

A long-term facility of NOK 436.5 million has been drawn with Eksportfinans ASA to finance the vessel. The loan is guaranteed by Fokus Bank and GIEK.

Tags: Farstad Shipping