Solstad Offshore Buy Two AHTS

Thursday, July 12, 2012
AHTS 'Nor Spring': Photo credit Solstad

Solstad Offshore (SOFF) takes over the ownership of the AHTS vessels Nor Spring & 'Nor Captain'

The two vessels had previously been on bareboat charter 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 US$ 38-million.

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

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