Solstad Offshore Signs Contract for CSV with REPSOL Sinopec Resources UK Ltd

By Vessels

Norwegian offshore shipping company Solstad Offshore has entered into a contract with Repsol Sinopec Resources UK for the charter of one of its construction support vessels (CSVs).

Solstad Offshore said on Thursday that Repsol Sinopec Resources UK Ltd chartered the vessel Normand Jarstein for 90 days.

Solstad Offshore Signs Contract for CSV with REPSOL Sinopec Resources UK Ltd

CSV Normand Jarstein (ex Rem Pioneer) - Image courtesy of Solstad Offshore

The company added that the contract had a 60-day extension option. The Normand Jarstein will begin work at the end of April 2017.

According to the AIS data, the CSV Normand Jarstein is actually former Rem Pioneer, which joined Solstad’s fleet as a result of a merger between Solstad and Rem Offshore last December.

The 117-meter long vessel was built by Kleven Yard and delivered in 2014. It is of MT 6022 L design and at the time was the largest in Rem’s fleet.

The last contract the vessel had was with Micoperi SRL and, according to the latest AIS data, it is currently moored in Husoya, Norway. Coincidentally, the first contract the vessel had was also with the Italian-based Micoperi, and it began immediately after delivery.

Following the merger with Rem Offshore, Solstad is now also in the process of merging with two other offshore supply vessel companies, Deep Sea Supply and Farstad Shipping. The proposal for the merger is being finalized and the combination is expected to be completed during the first half of 2017.

Source: Offshore Energy Today