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    Farstad acquires newbuild AHTS from Island Offshore

    Vessel & ROV News // July 6, 2007

    Farstad Shipping has reached an agreement with Island Offshore to acquire Island Offshore's newbuild number 62 at Aker Yards Brevik.

    The newbuild is a UT 712L AHTS with 15,900bhp which is due to be delivered in September 2008. The purchase price corresponds to a vessel value of NKr 400 million.

    Farstad Shipping has a similar vessel under construction at the yard for delivery in March 2008.

    During the last year the yard has delivered three of the same type of vessels to Farstad Shipping.


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