Farstad Shipping (Indian Pacific) Proprietary Limited

Almost 40 years of experience in operating offshore service vessels has made Farstad Shipping to one of the leading providers of specialised offshore tonnage to the international oil and gas industry.

Today we are among the six largest companies in the market for large and medium sized supply vessels (AHTS > 10,000 BHP and PSV > 2,000 DWT).

Our activities are mainly concentrated on the markets in North-West Europe, Brazil and Indian Pacific. The company's head office has always been in ?lesund. Operations offices have been established in Aberdeen, Melbourne, Perth, Singapore, Maca? and Rio de Janeiro by a total of 2 250 employees onshore and offshore. Farstad Shipping has a fleet of 62 vessels and 2 newbuilds.

Farstad Shipping has a strong focus on health, safety, environment and quality throughout the company's entire range of activities. This is fundamental to maintaining and strengthening our competitive position.

The company is well equipped for further growth due to a strong financial position and broad international competence. Farstad Shipping ASA is a public limited company organised according to Norwegian legislation.

Farstad Shipping has been listed on Oslo Stock Exchange since 1988 and has over the years given the shareholders a competitive return on their investment. The number of outstanding shares is 39 million out of which approximately 46% is owned by the Farstad family.