Oslo: Farstad Shipping has taken delivery today of newbuild subsea/construction vessel Far Sleipner from Vard’s Langsten yard.
The Vard 3 07 design vessel is heading off imminently on a charter contract to Technip for a period of around 11 months. Including mobilization and demobilization, Technip will have the vessel for up to 16 months.
Torstein L. Stavseng, Farstad’s cfo revealed to Splash that the Technip contract is in West Africa, and is being prepared for deployment within the next couple of weeks.
The contract value was not disclosed by Farstad when it was announced last month, the release stating only that it was “based on market terms”.
Financing of the vessel has been arranged with Eksportkreditt Norge AS, DNB, Swedbank and GIEK.
