Fairstar Heavy Transport NV is a provider of long-distance ocean transportation services for the offshore and onshore industries. Fairstar operates two of the world’s largest and most modern self-propelled semi-submersible heavy transport vessels, Fjord and Fjell. Fairstar is based in Rotterdam and quoted on the Oslo Stock Exchange (ticker: FAIR).
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| FAIRSTAR financial strength boosted by new equity |
| February 23, 2010 |
| Fairstar Heavy Transport (FAIR) announces the successful completion of a private placement towards Norwegian and international institutional investors of 4,317,500 new shares at a price of NOK 12.50 per share. The share issue represents approximately 10% ›› |
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| FAIRSTAR leads off-shore heavy transport industry with record profit |
| February 12, 2010 |
| Fairstar Heavy Transport (FAIR) today announced record profits of USD 12.4 million after posting its 2009 year-end results. Total revenue of USD 50.7 million and EBITDA of USD 24.3 million, based on total fleet utilisation of 81% contributed to a solid ye ›› |
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