ƶijϻ

Solstad ƶijϻ Sells Two AHTS Vessels

Bartolomej Tomic
Friday, February 11, 2022

Norwegian offshore vessel owner Solstad ƶijϻ has this week sold two anchor handling tug and supply vessels, in line with its objective to reduce fleet size to a level of 80-90 vessels

Through its subsidiary Solstad Rederi AS, the company sold the AHTS Normand Master and Normand Mariner.

The delivery of the vessels to the new owner took place on Thursday, and Solstad said the sale of the vessels would result in an immaterial accounting effect.

Earlier this month, Solstad ƶijϻ sold three anchor handling vessels, the Nor Captain  - owned by its subsidiary Solstad ƶijϻ Singapore - and Far Sword and Far Stream, owned by its subsidiary Farstad Supply.

Late in 2021 Solstad CEO Lars Peder Solstad said the company had made huge effort to sell off the vessels that will not be part of the future Solstad fleet, with 25 vessels sold in less than a year.

"We still have a few more to sell, and by mid-2022 we don't expect many vessels left a the lay-up sites we have on the Norwegian coast and in Asia," he said at the time.

Some vessels are sold for recycling, some for non-oil & gas activity, and some for geographical areas where the company has limited access.

Categories: ƶijϻ Energy Vessels Industry News Activity Europe

Related Stories

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

TGS Starts Summer Acquisition Activities in North Europe

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