Anchor handling tug supply vessel. (Photo: Farstad)

Farstad obtains marine fish farming deal

Ocean Farming AS, a subsidiary of the SalMar Group, has awarded Farstad Offshore, a wholly owned subsidiary of Farstad Shipping, a contract for the complete mooring installation and hook-up of Ocean Farming’s semi-submersible offshore fishfarm.

The scope involves project management as well as execution of the offshore operations.

The project will utilize AHTS vessels from the Farstad Shipping fleet trading the spot market in the North Sea. Operations are scheduled to take place during first half of 2017.

The commercial terms of the agreement will be kept private and confidential between the parties.

"We have an extensive track record and knowledge base related to offshore mooring and hook-up operations, and this has been key factors enabling us to secure this contract. We highly appreciate Ocean Farming’s confidence in Farstad Shipping as demonstrated by the award of this interesting contract in this new market segment," said Karl-Johan Bakken, CEO of Farstad Shipping ASA.

"The introduction of offshore fishfarms of this size and specification is also opening a new market for utilization of large AHTS vessels and we are excited to take part in making this first pilot a success, and look forward to further developments in this market," Bakken pointed out.

Source: Offshore Shipping Online

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