Norwegian Offshore Vessel Owner Solstad Maritime Secures New Contracts
Norwegian offshore vessel owner Solstad Maritime has recently announced new contract agreements for three of its vessels with undisclosed clients.
The company, set to go public on the Oslo Stock Exchange in the second quarter of this year, has confirmed a 135-day contract for the 2014-built construction support vessel (CSV) Normand Jarstein in West Africa, commencing in March.
The agreement, which includes extension options, involves providing subsea support services in collaboration with Omega Subsea, a company in which Solstad Maritime’s shareholder Solstad Offshore holds a stake of close to 36%.
Additionally, the 2009-built CSV Normand Australis has been secured for a renewable energy project in Taiwan for up to 290 days. The contract is scheduled to begin in February, with a fixed term of 200 days.
Furthermore, the 2009-built anchor handling tug supply unit Normand Scorpion has been contracted for rig support operations in Australia. The initial agreement spans 78 days starting in January, with an option for an extra 42 days.
Earlier in January, Solstad also finalized a deal for its 2014-built CSV Normand Frontier until the end of 2027. The financial details of the contracts secured this month have not been disclosed.