Farstad Shipping ASA's audited annual accounts for 2013 was approved by the board of directors on 24 March 2014. The final annual accounts for 2013 are identical to the preliminary accounts published on 26 February 2014.
Business Review and Annual Report including the approved accounts for 2013 will be available on our website as from 11 April 2014. To obtain a printed version of the reports, please contact the company by e-mail ir@farstad.com (mailto:ir@farstad.com).
Notice of Annual General Meeting including annexes will be distributed to the shareholders in week 17.
The Annual General Meeting will be held on 14 May 2014.The board of directors has decided to propose to the Annual General Meeting to pay a dividend of NOK 3.00 per share for the financial year 2013. Provided that the Annual General Meeting approves the proposal, the share will be traded ex-dividend as from 15 May 2014.
Contacts:
CEO Karl-Johan Bakken - tel. +47 901 05 697
CFO Torstein L. Stavseng - tel. +47 911 07 001
Farstad Shipping's fleet currently consists of 59 vessels (31 AHTS, 25 PSV and 3 SUBSEA) and 1 AHTS, 2 PSV and 2 SUBSEA under construction. The company's operations are managed from Aalesund, Aberdeen, Melbourne, Perth, Singapore, Macaé and Rio de Janeiro with a total of 2200 employees engaged onshore and offshore. The company's strategy is to be a leading quality provider of large, modern offshore service vessels to the oil industry. The company maintains a long-term charter profile for the fleet.
www.farstad.com (http://www.farstad.com/)
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Farstad Shipping ASA via Globenewswire
