Solstad acquires Nor Spring and Nor Captain

Vessel & ROV News - July 12, 2012

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Solstad Offshore hastaken over the ownership of the anchor handlersNor Spring and Nor Captain.

The vessels had been on a bareboat contract with Solstad Offshore from Java Marine Lines for nearly five years and the Norwegian company hasused its options to acquire the vessels at a cost ofUS$38 million.

Nor Captain is currently operating in the spot market in Southeast Asia;Nor Spring is chartered to Bibby Offshore on a three-year bareboat contract.

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