Solstad Offshore sells another PSV

Norwegian offshore vessel owner Solstad Offshore is continuing to offload non-core ships with the latest sale of the 2008-built platform supply vessel.

The Oslo-listed firm has sold the Normand Sira to an undisclosed buyer. No price has been revealed for the 3,600 dwt PSV, which VesselsValue estimates as worth $7m.

Delivery of the vessel has already been completed, with a minor positive accounting effect for the third quarter of 2022, Solstad said in a regulatory filing.

Solstad closed its 36-ship clearout programme as part of the financial restructuring in April but continued to further trim its fleet. Last month, the Skudeneshavn-headquartered firm sold the 2005-built PSV Normand Aurora.

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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