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Fairstar Heavy Transport N.V. awarded two contracts by Saipem for Golden Eagle


January 26, 2012 - London

Fairstar Heavy Transport N.V. (FAIR) has been awarded two contracts by Saipem to provide marine transportation services for the Golden Eagle Project in the North Sea.

The first voyage is scheduled in early 2013 and will involve the FINESSE. The second voyage is scheduled in early 2014 and will involve the FJORD. The total contract value is Euro 11.99 million.

For further information please contact:
Philip Adkins, CEO (philip.adkins@fairstar.com)
Web: www.fairstar.com
Tel: +31 (0)10-403 5333

Profile Fairstar Heavy Transport:

Fairstar Heavy Transport N.V. is a leading provider of marine heavy transport solutions, specializing in high-value cargoes for the offshore and onshore energy and construction industries. Fairstar owns and operates two of the most modern semi-submersible heavy transport ships in the global fleet, FJORD and FJELL. The 50,000DWT, open-stern semi-submersible vessels FORTE and FINESSE are currently under construction with Guangzhou Shipbuilding International in China and will be owned and operated by Fairstar when they are delivered in 2012. Fairstar is based in Rotterdam and quoted on the Oslo Stock Exchange (ticker: FAIR).

Press Release (PDF)



This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Fairstar Heavy Transport NV via Thomson Reuters ONE

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