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Farstad receives newbuilt vessel ''Far Samson''

Posted on 17.04.2009 - 12:00 EDT in GENERAL NEWS by Rons_ROV_Links

Farstad receives newbuilt vessel "Far Samson"Far Samson (CSV UT761 CD) has Tuesday 24th March been delivered from STX Norway Offshore AS, Langsten, to Farstad Construction AS, a wholly owned subsidiary of Farstad Shipping ASA. The vessel will commence on a 5 years contract for Saipem U.K Limited after the final offshore testing.

Far Samson has a length of 121,5 meter and a beam of 26 meter. With a bollard pull of 423 tonn the vessel is the strongest construction vessel in the world. The vessel is designed and built according to DNV's highest environmental standards and classifications. Far Samson is taylormade for trenching pipelines offshore.

A long-term facility of NOK 680 million has been drawn with Eksportfinans ASA in order to facilitate the financing of the vessel. The loan is guaranteed by DnB NOR Bank ASA, GIEK and Handelsbanken.
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