Farstad Shipping vessels win charter contracts

FEBRUARY 27, 2017 — Norway’s Farstad Shipping ASA has been awarded a number of charter contracts that, says CEO Karl-Johan Bakken, show its ability to to efficiently and safely return vessels from

REM and Solstad agree to merge

JULY 28, 2016 — As tough times in the offshore services sector continue, Norway’s Solstad Offshore ASA and REM Offshore ASA have agreed to merge. a “triangular merger” under Norwegian law, REM

GulfMark sees “early signs of encouragement”

JULY 27, 2016 — Houston headquartered GulfMark Offshore, Inc. (NYSE:GLF) has reported results of operations for the three- and six-month periods ended June 30, 2016. For the quarter, revenue was $30.5 million,

Third LNG fueled PSV goes to work for Shell in Gulf

MAY 10, 2016 — Shell Offshore Inc. today took delivery of its third liquefied natural gas (LNG) fueled offshore supply vessel (OSV) in Port Fourchon, LA. Chartered from Harvey Gulf International Marine,

PSV newbuild being transformed into expedition yacht

APRIL 27, 2016 — A Vard 1-08 currently under construction at one of Vard’s Norwegian shipyards is being offered for sale not as PSV, but as a high end expedition yacht. The

Deep Sea Supply PSVs find work

APRIL 25, 2016 — John Fredriksen controlled Deep Sea Supply has been awarded a clutch of platform supply vessel contracts. They include a contract for two years firm, plus three yearly options,

Woodside charters Australia’s first LNG fueled PSV

APRIL 12, 2016 — Siem Offshore, through its fully owned subsidiary Siem Offshore Australia Pty Ltd, was today awarded a charter contract by Woodside Energy Limited, Australia for a dual fuel (LNG/MGO)

Farstad takes $7.3 million loss on sale of PSV

MARCH 1, 2016 — For the third time this year, Norway’s Farstad Shipping ASA reports the sale of a platform supply vessel at a loss. This time around the vessel is the

Farstad sells another PSV at a loss

JANUARY 22, 2016 — Norway’s Farstad Shipping ASA is booking another loss on the sale of a platform supply vessel. On January 15, it reported the sale of the PSV Far Scandia,

Farstad to book loss on sale of PSV

JANUARY 15, 2016 — Norway’s Farstad Shipping ASA  today announced the sale of the PSV Far Scandia and says it will take a booked loss of around NOK 8 million (about $900,000)

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