Solstad in AHTS sale deal

Sailing away: Solstad is selling the Normand Mjolne

Eoin O'Cinneide

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Eoin O'Cinneide

 20 March 2013 10:14 GMT

Norwegian offshore vessel owner Solstad Shipping is offloading one of its older units in a charter-and-sale deal.

GSP Antares is taking the anchor-handling tug supply vessel Normand Mjolne on bareboat charter for two years.

However, after the charter period, GSP has an “obligation” to buy the 1985-built vessel “at a pre-agreed price”, Solstad said on Wednesday.

The Oslo-listed owner did not, however, reveal the charter rate or purchase price.

The charter will begin in April.

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