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Farstad Shipping ASA
Skansekaia 4 A
Phone: +47 70117500p:+47 70117500 Alesund, 6002  Norway Ticker: FARFAR
On 6/30/2016, the Company, as a first step of a financial restructuring, entered into a standstill and deferral agreement with its secured lenders.
This company is no longer actively traded on any major stock exchange.
This is a Subsidiary, click here for the Parent Company
Business Summary
Farstad Shipping ASA is a Norway-based supply shipping company. The Company specializes in the provision of offshore service vessels to the oil and gas industry. It operates a fleet of vessels that is divided into three categories: platform supply vessels (PSV), which transport supplies and equipment, primarily in containers, to and from offshore installations; anchor-handling tug supply vessels (AHTS), providing anchor handling and towing offshore platforms, and barges, among others; as well as subsea vessels (SUBSEA), which are responsible for the installation and maintenance of seabed facilities. The Company’s activities are primarily distributed geographically across three sectors: North-West Europe, Brazil and Asian Pacific. Furthermore, the Company is a parent of Farstad Shipping Ltd, Farstad Supply AS, Farstad Brasil AS, Farstad Australia AS, Farstad Contruction AS, and Farstad Africa AS, among others. On 6/21/2017, Farstad Shipping ASA was acquired by Solstad Farstad ASA.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
3/31/201712/31/2016Yes----

Industries
SIC Code Description
1389 Oil and gas field services, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board Sverre A.Farstad 64 1/1/1988
Chief Executive Officer Karl-JohanBakken 58 1/1/2006
Chief Financial Officer OlavHaugland 50 5/1/2016 5/1/2016
6 additional Officers and Directors records available in full report.

Business Names
Business Name
0EFB
BOS Navegaçao SA
FAR
9 additional Business Names available in full report.

General Information
Number of Employees: 1,325 (As of 3/31/2017)
Outstanding Shares: 4,863,540,679 (As of 3/31/2017)
Shareholders: 3,010
Stock Exchange: OSL
Fax Number: +47 70117501


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Saturday, July 22, 2023