Farstad Shipping Laid up PSV Far Server & PSV Far Spica Vessels

Source: www.gulfoilandgas.com 5/7/2015, Location: Europe

Farstad Shipping has laid up PSV Far Server and PSV Far Spica due to a continued weak offshore market. The company also has to give notice to employees.

- We are experiencing a very demanding offshore market. Consequently, we have to lay up two vessels and give notice to competent employees. We regret this. Our focus onward is to secure new contracts for our crews and vessels, says Karl-Johan Bakken, CEO of Farstad Shipping.

A total number of approx. 35 offshore employees are given notice. Farstad Shipping has 3 vessels laid up.


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