Farstad's Subsidiary Sells Tug Supply Vessel for $17MM

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.

The agreed price for the vessel is US $17 million. This will give a booked profit of approximately NOK 58.8 million in the 3rd quarter 2008.
 

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Rockies Area Operations Manager
Expertise: Mud Engineer / Drilling Fluids|Well Servicing & Testing
Location: Denver, CO
 
Drilling Chokes Operator
Expertise: Field Service Tech|Well Servicing & Testing
Location: Odessa, TX
 
Callout Offshore Mechanic
Expertise: Mechanic
Location: Broussard, LA
 
search for more jobs

Brent Crude Oil : $55.49/BBL 2.45%
Light Crude Oil : $52.42/BBL 2.04%
Natural Gas : $3.2/MMBtu 5.04%
Updated in last 24 hours