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Solstad Scoops $7M for Two AHTS Vessels

Maritime Activity Reports, Inc.

February 26, 2024

Far Scimitar AHTS (Credit: Solstad Offshore)

Far Scimitar AHTS (Credit: Solstad Offshore)

Norwegian vessel owner Solstad Offshore has sold two anchor handling tug supply (AHTS) vessels, securing a profit of approximately $7.1 million for the transaction.

The AHTS vessels, Far Sound and Far Scimitar, have been in layup in Asia since 2016 and 2018.

Fars Sound is a 2007-built AHTS, with the length of 78.1 meters and of UT 712 L design.

Far Scimitar is of the same design, with 78.3 length. It was built in 2008.

The sale was made through Solstad Reder, a wholly owned subsidiary of Solstad Maritime Holding.

Delivery of the vessels to the new owner took place on February 23, 2024.

The orderbook for U.S. dredgers is about $3B, and according to DCA CEO Bill Doyle, the incoming political administration could help this niche maritime sector continue its bull run.
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