Multiple contract win in Brazil brings $53 million to Solstad

Norwegian shipping company Solstad Offshore has secured multiple contracts together worth around $53 million for three of its vessels to perform work in Brazil.

The 2005-built anchor handling tug supply (AHTS) vessel Normand Topazio has been awarded a one-year contract with commencement this month, while the 2006-built AHTS Normand Turmalina will also begin a one-year contract in November, both set to be carried out in direct continuation of their current contracts.

Furthermore, the construction support vessel (CSV) Normand Cutter has been awarded a 9-month contract for subsea construction activities. Commencement is set for this month, in direct continuation of the current contract.

The CSV is owned by Solstad Maritime, in which Solstad Offshore holds 27.3%.

As part of its strategy to curb its environmental footprint, Solstad recently decided to offer certified renewable biodiesel to its clients to decarbonize existing offshore vessels, and as a result, bunkered about 500 m³ of certified renewable biodiesel on the AHTS Normand Prosper in Mandal, Southern Norway.

The move came months after the Norwegian firm pooled resources with Cat Power Solutions, Pon Power, and Caterpillar Marine to step up fuel efficiency across its offshore support vessels (OSVs) and cut its GHG emissions while exploring the deployment of methanol-powered solutions for its ships.