Financial Ports

$125m gamble: Why Solstad is buying its largest CSV a year early

CLAVE 1 / 4Solstad Offshore will pay $125m to acquire the 178-metre Normand Maximus CSV in October 2027.

CLAVE 2 / 4The vessel is the largest in Solstad’s fleet, equipped with a 900-tonne active heave-compensated crane and a 550-tonne vertical lay system.

CLAVE 3 / 4Purchase option was exercised on 6 October 2026, 12 months ahead of the original five-year charter term.

CLAVE 4 / 4Solstad will finance the acquisition through external debt, securing its flagship asset for offshore construction support.

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