STX OSV to build two PSVs for Farstad Shipping ASA
Farstad Shipping ASA has, through its wholly owned subsidiary Farstad Supply AS, reached an agreement with STX OSV AS to build 2 platform supply vessels (PSV) of the type PSV 07. Contract value is approx. NOK 700 million, the shipping company said on Tuesday.
The vessels are designed by STX OSV with a total length of 94.5 meters, breadth of 21.0 meters and maximum deadweight is 5,600 tons. The vessels will be built according to DNV's strictest environmental class - 'Clean Design' - and are arranged for efficient and safe operations.
The steel hull of one of the vessels will be built in Romania and outfitting yard will be STX OSV Langsten in Tomrefjord. The other vessel will be built at the STX OSV yard in Vung Tau, Vietnam. Delivery of the vessels will take place during 2nd and 3rd quarter 2014 respectively.
These two newbuildings will service the recently awarded 6 year charter contracts by Statoil.
With this latest order Farstad will have 8 platform supply vessels and 4 anchor handling tug supply vessels (AHTS) on order with a total build cost of NOK 5,1billion.
