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    Farstad declares options for newbuilds

    Vessel & ROV News // May 25, 2011

    Farstad Sipping has, through its wholly owned subsidiary in Norway, declared options for the construction of two PSVs at STX OSV.

    One of the vessels will be built at the STX Yard in Vietnam and one at the STX Yard in Tomrefjord, Norway (Langsten).
     
    The newbuilds are part of Farstad Shipping's continuous fleet renewal and represent an investment of approximately NKr 600 million.

    Delivery of the vessels will take place during first half of 2013.
     
    The vessels ordered are of the STX PSV 08 CD design, identical to the three vessels ordered in November 2010.

     

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