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.


Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Shop Mechanic - Grand Prairie, TX
Expertise: Customer Service|Mechanic
Location: Grand Prairie, TX, TX
Diesel Mechanic for Williston, ND!
Expertise: Mechanic
Location: Williston, ND
Branch Manager for Heavy Equipment Dealership in Mississippi
Expertise: Facilities Management|Mechanic
Location: Mississippi, United States, MS
search for more jobs

Brent Crude Oil : $51.78/BBL 0.77%
Light Crude Oil : $50.85/BBL 0.83%
Natural Gas : $2.99/MMBtu 4.77%
Updated in last 24 hours