General – Sale of Fleet
Reference is made to the announcement 7 March 2023 on the sale of the Solstad PSV fleet to Tidewater for the price of approximately $580 million.
The transaction was completed July 5, with all 37 vessels being delivered to Tidewater.
“We are very pleased with the sale of our PSV fleet. This will strengthen the balance sheet of Solstad considerably and the remaining fleet of 40 high-end CSV and AHTS vessels will all be relevant for both oil & gas and renewable energy clients. As such, Solstad will be an important operator in the ongoing energy transition,” says Lars Peder Solstad, CEO of Solstad Offshore.