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Farstad Shipping Buys BASS Solution

Maritime Activity Reports, Inc.

September 6, 2005

BASS announced an agreement with Farstad Shipping ASA, a Norwegian shipping company globally operating Offshore Supply Vessels (OSV), to provide Farstad's entire fleet with BASS CrewNet and BASS PayNet solutions. BASS PayNet is designed to streamline and integrate the management of ship-to-shore crew payroll and shipboard accounting processes. BASS PayNet functionalities and business re-engineering enables users to capitalize on opportunities to reduce the workload on the vessel and on shore.
With the advent of fuel transition, digitalization, AI and autonomy, innovation in vessel design and operation proceeds at unprecedented speed.
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