Attached please find Report 2Q and 1(st) half year 2014.
Farstad Shippingachieved an operating income of NOK 1,050.6 millionfor the 2(nd) quarter. The operating profit (EBIT) was NOK 178.6 million. The profit after taxes was NOK 46.7 million. The operating income at 30.06.14was NOK 2,060.3 million. The operating profit (EBIT) was NOK 371.3 million. The profit after taxes was NOK 126.2 million. Contacts for further information: CEO Karl-Johan Bakken- tel. +47 901 05 697 CFO Torstein L. Stavseng- tel. +47 911 07 001 Farstad Shipping'sfleet currently consists of 62 vessels (32 AHTS, 27 PSV and 3 SUBSEA) and 2 SUBSEA under construction. The company's operations are managed from Aalesund, Aberdeen, Melbourne, Perth, Singapore, MacaÉ and Rio de Janeirowith a total of 2,250 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 This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. Quarterly Report 2 2014: http://hugin.info/45/R/1849480/645550.pdf This announcement is distributed by GlobeNewswireon behalf of GlobeNewswireclients. 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: Farstad Shipping ASAvia GlobeNewswire[HUG#1849480]