Search results for: Volstad

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  • 25 May 2016

    Volstad Maritime, a Norway-based owner of offshore service vessels, is in talks with creditors regarding its bond which matures on July 5, 2016. More precisely, the 600 million Norwegian crowns bond loan was obtained in 2013 by Volstad Subsea, a sister company of Volstad Maritime, where Volstad Maritime and the parent company provided security for the bond. However, […]

  • 9 February 2017

    S.D Standard Drillling has taken delivery of three platform supply vessels from Volstad Shipping. Standard Drilling announced the purchase of Volstad’s three Norwegian-built PSVs on January 19, 2017, for a consideration of $40 million. The vessels, of a ST-216L CD type, are Volstad Viking, Volstad Supplier and Volstad Princess. They were all built at Aker Brattvaag, Norway in […]

  • 5 July 2013
    Business & Finance

    Norway’s reputed offshore and fishing company Volstad Shipping has taken over their new state-of-the-art stern trawler fishing vessel from Tersan Shipyard. Volstad Shipping’s Managing Director Mr. Eivind Volstad said that this new fishing vessel is Volstad Shipping’s fourth fishing vessel named “Volstad”. The naming ceremony took place in Tersan Shipyard’s premises in Yalova with the […]

  • 12 March 2012
    Business & Finance, Equipment

    Following on from an order in April last year, Cargotec has won a contract for two active heave-compensated (AHC) offshore cranes from the privately-owned Norwegian specialist operator, Volstad Maritime. The two cranes, a 250-tonne MacGregor AHC subsea crane and a 15-tonne MacGregor AHC offshore crane, will be fitted to Volstad’s new offshore construction vessel (OCV) […]

  • 7 March 2014
    Business & Finance

    The vessels will be delivered from Kleven’s Myklebust Verft in December 2014 and Q2 2015.

  • 12 March 2012

    Following on from an order in April last year, Cargotec has won a contract for two active heave-compensated (AHC) offshore cranes from the privately-owned Norwegian specialist operator, Volstad Maritime. The two cranes, a 250-tonne MacGregor AHC subsea crane and a 15-tonne MacGregor AHC offshore crane, will be fitted to Volstad’s new offshore construction vessel (OCV) […]

  • 20 January 2014
    Business & Finance

    Volstad Shipping AS has entered into a contract with Maritime Logistic Service AS (MLS), where MLS charter the “Volstad Supplier” for a period estimated until mid-June 2014 with startup mid-January 2014. Charter hire has been set at NOK 200.000 per day. For PSV “Volstad Princess”, the contract with Statoil will come to end 31th of […]

  • 20 January 2014
    Business & Finance

    Volstad Shipping AS has entered into a contract with Maritime Logistic Service AS (MLS), where MLS charter the “Volstad Supplier” for a period estimated until mid-June 2014 with startup mid-January 2014. Charter hire NOK 200.000 per day (approx. USD 32.46). For PSV “Volstad Princess”, the contract with Statoil will come to end 31th of January […]

  • 12 March 2012
    Business & Finance, Equipment, Project & Tenders

    Following on from an order in April last year, Cargotec has won a contract for two active heave-compensated (AHC) offshore cranes from the privately-owned Norwegian specialist operator, Volstad Maritime. The two cranes, a 250-tonne MacGregor AHC subsea crane and a 15-tonne MacGregor AHC offshore crane, will be fitted to Volstad’s new offshore construction vessel (OCV) […]

  • 26 June 2014
    Business & Finance

    Volstad Shipping, a Norway-based owner of offshore support vessels, today announced a new charter deal with ConocoPhillips.

  • 25 May 2016
    Business & Finance, Operations & Maintenance, Project & Tenders

    Norwegian vessel owner Volstad Maritime has been looking into commercial and financial options to secure a sustainable financial position going forward as its subsidiary Volstad Subsea does not have sufficient funds to redeem the NOK 600 million ($72 million) bond at its upcoming maturity. Namely, in July 2013, Volstad Subsea AS took a bond loan of NOK 650 […]

  • 9 February 2016
    Business & Finance, Operations & Maintenance, Project & Tenders

    Norway’s Volstad Shipping has received a charter termination notice from DeepOcean AS for the vessel Volstad Surveyor. Volstad Surveyor is a 85.3 meters long multipurpose DP II vessel of ST-253 design built for hull and ROV based seabed mapping and surveys, structural inspection and construction support operations. The vessel was mostly engaged on Norwegian Continental […]

  • 9 February 2016

    Volstad Shipping, a Norwegian shipping company, has received notice of termination of the charter party for MV Volstad Surveyor from DeepOcean, a subsea services provider.  According to the charter party the contract period would expire September 30, 2016. In an Oslo Stock Exchange filing on Monday, the company said it strongly disagrees with DeepOcean and […]

  • 7 March 2014
    Business & Finance, Project & Tenders

    Kleven has signed a contract with Ålesund based ship owner Volstad Maritime on the delivery of two offshore construction vessels. The vessels will be delivered from Kleven’s Myklebust Verft in December 2014 and Q2 2015. Volstad originally placed the orders with Bergen Group Fosen, but the projects have now been sold to Kleven. The vessels […]

  • 5 July 2013

    Norway’s reputed offshore and fishing company Volstad Shipping has taken over their new state-of-the-art stern trawler fishing vessel from Tersan Shipyard. Volstad Shipping’s Managing Director Mr. Eivind Volstad said that this new fishing vessel is Volstad Shipping’s fourth fishing vessel named “Volstad”. The naming ceremony took place in Tersan Shipyard’s premises in Yalova with the […]

  • 12 March 2012
    Business & Finance

    Following on from an order in April last year, Cargotec has won a contract for two active heave-compensated (AHC) offshore cranes from the privately-owned Norwegian specialist operator, Volstad Maritime. The two cranes, a 250-tonne MacGregor AHC subsea crane and a 15-tonne MacGregor AHC offshore crane, will be fitted to Volstad’s new offshore construction vessel (OCV) […]

  • 19 March 2015
    Business & Finance, Equipment, Operations & Maintenance

    Myklebust Verft and Volstad Maritime will hold an open vessel day aboard Grand Canyon II on Saturday March 21. Back in March 2014, Kleven secured a deal with Ålesund-based ship owner Volstad Maritime for the delivery of two offshore construction vessels (OCVs), Grand Canyon II and Grand Canyon III. Volstad originally placed the orders with Bergen Group Fosen, but the […]

  • 5 July 2017
    Business & Finance

    Norwegian vessel owner Volstad Maritime said it has established a fully-funded refinancing plan for the company and certain of its subsidiaries that in principle is supported by the Group’s secured bank lenders. The company and its key stakeholders have for some time been working on refinancing of the Group’s financial debt, including the redemption of […]

  • 29 April 2014
    Business & Finance

    Volstad Shipping AS has appointed Torstein Heggstad (37) as new Chief Financial Officer (CFO). He comes from Sparebank 1 SMN where he has held different positions within the corporate division since 2005. Torstein Heggstad holds a Master in Business and Economics from Bodø Graduate School of Business, and will assume the role as CFO for […]

  • 24 March 2014
    Business & Finance

    ConocoPhillips UK has exercised a further one year option for the Volstad Viking vessel, starting the 2nd of June 2014. The charter rate is subject to two years of escalation on top of present term. ConocoPhillips UK also has one additional yearly option available. To remind, Volstad Viking entered into a three years Charter Party […]

  • 29 January 2016
    Business & Finance

    Volstad Maritime AS, Myklebust Verft AS and Canyon Offshore Ltd have come two an agreement to put off the delivery of the Grand Canyon III. The offshore construction vessel was scheduled for delivery on February 01, 2016, however, according to Volstad’s Oslo filing, the delivery has been rescheduled for May 01, 2016. The vessel arrived to Myklebust […]

  • 29 January 2016

    Delivery of Grand Canyon III, an offshore construction vessel built for Norway’s Volstad, will be delayed. Under the original agreement, the vessel was to be delivered on Monday, February 1, 2016, however, this has now been postponed for May 1, 2016. The news of the delay was revealed by the vessel’s Volstad Maritime on Friday. “Volstad […]