Farstad Shipping
Shipping company / From Wikipedia, the free encyclopedia
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Farstad Shipping (OSE: FAR) is a publicly listed supply shipping company with its corporate headquarters in Ålesund, Norway. The company has approximately 2,200 employees, of which 1,965 are employed offshore.
Company type | Allmennaksjeselskap |
---|---|
Industry | Shipping |
Founded | 1956 |
Defunct | 21 June 2017 (2017-06-21) |
Fate | Merged with Deep Sea Supply and Solstad Offshore |
Headquarters | Ålesund, Norway |
Area served | Global |
Key people | Karl-Johan Bakken (CEO) |
Products | AHTS, PSV, SUBSEA |
Number of employees | 2 200 |
Website | www.farstad.com |
Farstad Shipping focuses on large, advanced vessels in the anchor handling, supply, and subsea segments. The company's operations are mainly concentrated on the markets in North-West Europe, Brazil, and Indian Pacific, with offices in Norway, Scotland, Australia, Singapore, and Brazil. The company is 46% owned by the Farstad family. Farstad Shipping has been listed on the Oslo Stock Exchange since 1988.
In June 2017, Farstad Shipping merged with Deep Sea Supply and Solstad Offshore to create Solstad Farstad.[1]