PSV

REM and Solstad agree to merge

JULY 28, 2016 — As tough times in the offshore services sector continue, Norway’s Solstad Offshore ASA and REM Offshore ASA have agreed to merge. a “triangular merger” under Norwegian law, REM

Deep Sea Supply PSVs find work

APRIL 25, 2016 — John Fredriksen controlled Deep Sea Supply has been awarded a clutch of platform supply vessel contracts. They include a contract for two years firm, plus three yearly options,

Farstad sells another PSV at a loss

JANUARY 22, 2016 — Norway’s Farstad Shipping ASA is booking another loss on the sale of a platform supply vessel. On January 15, it reported the sale of the PSV Far Scandia,

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Farstad to book loss on sale of PSV

JANUARY 15, 2016 — Norway’s Farstad Shipping ASA  today announced the sale of the PSV Far Scandia and says it will take a booked loss of around NOK 8 million (about $900,000)