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    Farstad sells Far Server to Secunda

    Vessel & ROV News // September 29, 2005

    Farstad Shipping Ltd, the wholly owned subsidiary of Farstad Shipping based in Norway, has reached an agreement to sell the UT704 PSV Far Server to the Canadian company Secunda Marine Services Ltd. 
    Far Server is a 6,600bhp vessel built in Norway in 1991. The price was US$16 million, which Farstad noted, is in excess of the value of the ship as of June 30th.

    Delivery to the new owner will take place in November 2005. 



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