Solstad Farstad offloads ageing PSV

Solstad Farstad offloads ageing PSV

Farstad Marine, a subsidiary of Solstad Farstad, has sold 1995-built platform supply vessel Far Service.

The vessel was delivered today to its new owner, which Splash understands is France’s SeaOwl Group who will use the vessel for work supporting the French Navy from Brest.

Solstad Farstad did not reveal the financial details for the deal, only saying the sale will result in an immaterial accounting effect.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

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