ƶijϻ

Solstad Sells 2003-Built AHTS DUO

OE Staff
Friday, March 19, 2021

Solstad ƶijϻ has sold two anchor handling towing and supply vessels earlier this week.

Solstad said that the vessels sold were the AHTS Lady Astrid and Lady Caroline.

Delivery of the vessels to the new owner took place Wednesday, March 17th, 2021. 

"The sale of the vessels will result in an immaterial accounting effect for 1Q 2021," Solstad said.

Both vessels are of the UT 722 design and built-in 2003, and according to Solstad's past three annual reports, the vessels have been laid up.

Solstad did not say did not reveal the identity of the buyer, nor the value of the transaction.

VesselsValue, a specialist website providing vessel valuations, in January valued at around $1,58 million, with demolition value at $1,27 million.

Solstad ƶijϻ last year said that, as part of its restructuring deal, it was to "right-size" its fleet to make it more competitive, with a plan to divest 37 vessels "over a period of time."

By February 2021 they had completed sales of three out of the 37 vessels planned to be divested.

Categories: ƶijϻ Energy Vessels Industry News Activity Europe

Related Stories

Agogo FPSO to Reach Azule Energy’s Field off Angola in Mid-May (Photos)

Newbuild USV Challenger Getting Ready for Remote-Controlled Subsea Work

Solstad’s AHTS Vessel Set for Petrobras Job

Current News

Kraken Robotics’ Expansion Continues

Inside Balmoral Comtec’s New Wave & Current Simulation Center

Industry Leaders Set to Discuss Future of US ƶijϻ CCS Market

Polish Shipbuilder Lays Keel for DOF’s New ƶijϻ Support Vessel

Subscribe for OE Digital E‑News