Farstad Reels in 3 New Vessel Charters for NOK 540MM

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

Apache Energy Ltd has secured the AHTS vessels Far Grip (UT722,14,400bhp) and Far Sky (ME 303 Mk2, 14,400bhp) to support their 700 day drilling campaign off Southeast Australia to be carried out by the semi-submersible rig Ocean Patriot. The program is due to commence in late September this year.

Woodside Energy Ltd will commence a two year charter this month of the AHTS vessel Far Saltire (UT728, 16,600bhp) to include in the pool of vessels the Charterer has supporting their operations off the Northwest coast of Australia.

The new charters all evidence a continued improvement in charter rates.

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