Solstad Offshore continues to trim fleet with PSV sale

Norwegian shipowner Solstad Offshore said Friday it has sold its 2001-built platform supply vessel (PSV) Far Scotia, concluding its second PSV sale this month.

No price has been revealed for the Isle of Man-flagged vessel. Online pricing platform VesselsValue estimates it is worth around $1m.

Delivery to an undisclosed buyer has already taken place, and Solstad said the sale will have an immaterial accounting effect for the second quarter.

Earlier this month, Solstad offloaded its 2003-built PSV Far Splendour.

Adis Ajdin

Adis is an experienced news reporter with a background in finance, media and education. He has written across the spectrum of offshore energy and ocean industries for many years and is a member of International Federation of Journalists. Previously he had written for Navingo media group titles including Offshore Energy, Subsea World News and Marine Energy.
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