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Solstad Maritime intends to list in OsloSolstad Maritime intends to list in Oslo

Offshore vessel owner Solstad Maritime Holdings says it plans to list its shares on Euronext Oslo Bors.

Marcus Hand, Editor

January 22, 2025

1 Min Read
Credit: Wikimedia Creative Commons

Twelve months after its formation Solstad Maritime is looking to publicly list its shares to help further growth and development of the company and provide a liquid market for its shares.

Solstad Offshore, which owns 27.3% of Solstad Maritime announced the intention to list the company on Euronext Oslo Bors Wednesday.

The two other largest shareholders in Solstad Maritime are Aker Capital with 42% and AMSC holding a 19.6% stake. AMSC plans to distribute its stake in Solstad Maritime. There are no plans for a share offering by Solstad Maritime.

“We look forward to delivering on the intention to list the company on a regulated market, as communicated when the company was refinanced in 2024, and thereby making the share liquid for its shareholders. We continue to experience a healthy market for offshore vessels, which is positive for the shareholders of both Solstad Maritime Holding and Solstad Offshore.” said Lars Peder Solstad, CEO of Solstad Offshore.

The planned listing is subject to approval of the application by Euronext Oslo Børs, approval of a listing prospectus by the Norwegian Financial Supervisory Authority, and conversion to a public company. If approvals are successfully the first day of trading of Solstad Maritime will be in the second quarter of this year.

The company owns 32 vessels, including 22 construction support vessels (CSVs) and 10 anchor handling tug supply vessels (AHTS), and have more than 1,700 employees.

About the Author

Marcus Hand

Editor

Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia.

Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation.

In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology.

Marcus is the founder of the Seatrade Maritime Podcast that delivers commentary, opinions and conversations on shipping's most important topics.

Conferences & Webinars

Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars.

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