Farstad Shipping AS

Farstad Shipping AS is successfully involved in a niche market of the shipping industry. It concentrates its activities on anchor-handling tug supply vessels (AHTS) and platform supply vessels (PSV). The company’s fleet has an average age of 9 years, 18 out of a total of 24 of its vessels operate in the North Sea, and nineteen of its vessels are involved in fixed contracts. The company is expecting delivery of a newbuilding in the beginning of 1996.

AHTS vessels are mainly involved in towing and anchor-handling for mobile platforms, towing of production modules and anchor-handling for cranes and pipelaying vessels. PSVs are mainly involved in the transportation of wet and dry bulk cargoes, the transportation of deck cargoes and the transportation of pipes in connection with pipelaying.

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