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Farstad reports vessel delivery and long-term financing


Published Oct 28, 2009
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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



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