Solstad Farstad is a holding company. Through its subsidiaries, Co. is engaged in the operation of offshore service and construction vessels. Co.'s business is divided into three segments based on the different types of vessels: Anchor-Handling Vessels delivering services related to rig moves and anchoring of rigs and other devices at sea, Platform Supply Vessels delivering services relating to transportation of material to offshore installations and Construction Service Vessels delivering services relating to development of both sub sea and floating installations. As of Dec 31 2009, Co. operated a fleet of 50 wholly owned, jointly owned and leased vessels.
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