Solstad Farstad sells 24-year-old anchor handler Far Grip

By Vessels

Norwegian offshore shipping company Solstad Farstad has sold one of its anchor handling tug and supply (AHTS) vessels.

Solstad Farstad said on Tuesday in an Oslo Bors filing that the sale was made by Farstad Supply AS, the company’s wholly-owned subsidiary.

Solstad Farstad sells 24-year-old anchor handler Far Grip
Caption: Offshore Tug/Supply Ship Far Grip - Image courtesy of MGklingsick

The company added that it sold its AHTS Far Grip to an undisclosed buyer and that the delivery of the vessel to the new owner took place on Tuesday, December 12.

The Far Grip was built in 1993 at the Ulsteinvik yard in Norway. It is 75 meters long, 18 meters wide, and can accommodate 22 people.

Norway’s newly-formed OSV provider said the sale of the vessel would result in an immaterial accounting effect for the fourth quarter of 2017.

According to available AIS data, the vessel is currently offshore Galang Island, Indonesia.

With this latest sale, the number of vessels sold by Solstad Farstad since July has risen to seven. Apart from the Far Grip sale, the OSV provider sold the Far Service PSV, the Far Shogun and Nor Star AHTS vessels, and three anchor handlers to the Brazilian Navy.

Source: Offshore Energy Today