Farstad Shipping: Vessel delivery and long-term financing

Farstad Shipping ASA on Tuesday, 7 July taken delivery of subsea-/construction vessel Far Sentinel (Vard 3 07) from Vard Langsten.

The vessel is designed for subsea construction/IMR operations to 3,000 meters water depth, has an overall length of 142.6 meters, beam of 25 meters and a deck area of 1,800 m².

The vessel is equipped with two offshore cranes, of which the larger one has a lifting capacity of 350 tons. Furthermore the vessel is arranged for 3 pc ROV (Remote Operating Vehicles) and accommodation for 130 persons.

 The long-term financing of the vessel is arranged by Eksportkreditt Norge AS, DNB, Swedbank and GIEK.

There is no charter contract secured upon delivery from the yard.


Source: FARSTAD SHIPPING   14.07.2015
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