Terje Rasmus Løvoll

Farstad Shipping ASA engages in the operation of off-shore service vessels. It operates through the following segments: North-West Europe, Brazil, Asia Pacific, and Others. In addition to regions, the Group has internal reporting based on the following products: Platform Supply Vessel services (PSV), Anchor-Handling Tug Supply vessel services (AHTS) and Subsea services (SUBSEA). The Platform Supply Vessels Services transports supplies and equipment to and from offshore installations. The Anchor Handling Tug Supply Vessel Services covers offshore supply vessels that provide anchor handling and and towing offshore platforms, barges, and production modules/vessels. The Subsea Services includes customized vessels designed for ­operations at great depths, installa­tion, and maintenance of the ­seabed facilities. The company was founded in 1956 and is headquartered in Ålesund, Norway.