Farstad Shipping

Farstad Shipping ASA
Company typeAllmennaksjeselskap
IndustryShipping
Founded1956
Defunct21 June 2017 (2017-06-21)
FateMerged with Deep Sea Supply and Solstad Offshore
HeadquartersÅlesund, Norway
Area served
Global
Key people
Karl-Johan Bakken (CEO)
ProductsAHTS, PSV, SUBSEA
Number of employees
2 200
Websitewww.farstad.com

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.

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]

  1. ^ Strandli, Are (22 June 2017). "Alt klart for Solstad Farstad". Hegnar Online (in Norwegian). Archived from the original on 22 June 2017. Retrieved 22 June 2017.