Solstad Terminates PSV Charters with SFL

Bartolomej Tomic
Monday, March 16, 2020

Norwegian offshore vessel operator Solstad Offshore has terminated bareboat charter deals for two platform supply vessels with vessel-owners SFL.

Solstad said Monday the bareboat charters were terminated for the two PSV's Sea Halibut and Sea Pike. The vessels have been handed back to SFL. Both vessels have been in lay-up since 2016.

The termination for the platform suppliers follows last month's bareboat charter termination for three SFL's AHTS vessels Sea Cheetah, Sea Jaguar, and Sea Leopard, all of which have been in lay-up since 2016.

Solstad at the time said that bareboat charters for the two remaining PSVs would remain unchanged, however, these have now been terminated as well.
All the vessels mentioned were originally chartered by Deep Sea Supply from Ship Finance International (now SFL) more than a decade ago.

Deep-Sea Supply in 2017 merged with Farstad Shipping and Solstad Offshore to create Solstad Farstad, which eventually became today's Solstad Offshore.

Categories: Offshore Energy Vessels Activity

Related Stories

Oil Rises as Widening Conflict Endangers Red Sea, Hormuz Flows

Asian Buyers Rush for Russian Oil Amid Supply Disruption

Mark Offshore Adds Research Vessel Mintis to Support Offshore Renewables

Current News

Oil Sales from California’s Santa Ynez Pipeline Begin

Offshore CCS Moves to Reality with Agogo FPSO Pilot

TotalEnergies Completes UK Upstream Merger to Form NEO NEXT+

Iberdrola Awards $4B Contracts for UK Subsea Power Link

Subscribe for OE Digital E‑News