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Farstad marriage progresses

THE boards of Farstad Shipping and the two companies it’s merging with to stay alive have approved the deal to create a new offshore supply vessel player with a fleet of 154 vessels, some of which operate in Australia.

Farstad marriage progresses

The merger with Solstad Offshore and Deep Sea Supply was announced last month, and the companies said earlier this month that the deal should wrap up by mid-year.   Solstad was recently awarded a subcontract...

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