ShippingWatch

Farstad wants to leave offshore merger and change the venture's name

The Farstad family wants to exit the Norwegian offshore merged company, Solstad Farstad, and also change its name, says Sverre A. Farstad, who recently stepped down from the board.

Farstad Shipping
Photo: Farstad Shipping

It has long been clear that the Farstad family was not a fan of the merger adopted by their distressed offshore carrier Farstad last year.

Now, it seems that the family's involvement is winding down, with one of the three brothers, Sverre A. Farstad opting to withdraw from the board in Solstad Farstad.

Read this article for free

Register with your E-mail.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

Related articles

Latest news

Jobs

See all

See all