02/10/2015at 12:13

Farstad pulls another five ships from the market

Norwegian Farstad Shipping is pulling five offshore vessels from the market in a move that could result in upwards of 100 layoffs.

by DANIEL LOGAN

Supply carrier Farstad Shipping is idling five vessels in the struggling offshore market. The move concerns two PSVs and three anchor handling tug supply vessels (AHTS), informs the carrier in a statement on Friday.

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