Solstad Expands Fleet with Two AHTS Vessels (Norway)

Solstad Offshore has today taken over the ownership of the AHTS «Nor Spring» and «Nor Captain».

The vessels have been on bareboat contract to SOFF from Java Marine Lines for nearly 5 years and SOFF has now used its options to purchase the vessels. The cost price is 100% financed by a loan of USD 38 million.

“Nor Captain” is currently operating in the spot marked in South-east Asia, while “Nor Spring” is chartered to Bibby Offshore on a 3-year bareboat contract.

[mappress]
Press Release, June 27, 2012