Subsidiaries of
The vessels to be recycled are defined by Solstad as non-strategic, they are of older age and considered to be irrelevant for present and future markets.
«We are pleased that we finally can start green recycling of a major number of our oldest vessels. These have all have been in lay-up over a considerable time. This will allow us to increase focus on upgrades and emission reductions from our core fleet of modern offshore vessels going forward."
The vessels will be delivered to the shipyard in the near future.
The sale of the vessels will result in an immaterial accounting effect for Q4-2021.
Recycling of these vessels is an important part of Solstad's efforts to be in the forefront of sustainable and environmental operations. These vessels will be recycled at the Green Yard Feda and Green Yard Kleven shipyards in
"We at Green Yard are proud and grateful for this agreement with
The shipyards are specialized within ship recycling and they follow the strictest national and international agreements and regulations in accordance with EU Ship Recycling Regulations (EU SRR) and
Skudeneshavn,
Contacts
Kjetil Ramstad CFO, at +47 90 75 94 89
www.solstad.com
http://publish.ne.cision.com//Release/ViewReleaseHtml/ABCDB4A158AA5E5DE0C856B0705FC7D6
https://mb.cision.com/Main/16896/3427148/1477085.pdf
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