Solstad Offshore () is a Norwegian offshore service and supply ship

shipping company A shipping line or shipping company is a company whose line of business is ownership and operation of ships. Shipping companies provide a method of distinguishing ships by different kinds of cargo: # Bulk cargo is a type of special cargo that is ...

that operates 89 vessels and including 26 construction service vessels, 21

anchor handling tug supply vessel Anchor Handling Tug Supply (AHTS) vessels are mainly built to handle anchors for oil rigs, tow them to location, and use them to secure the rigs in place. AHTS vessels sometimes also serve as Emergency Response and Rescue Vessels (ERRVs) and a ...

s and 42

platform supply vessel A platform supply vessel (PSV) is a ship specially designed to supply offshore oil platform, oil and gas platforms and other offshore installations. They typically range from in length and are distinguished by the large open deck area used to st ...

s. The company is based in

Skudeneshavn (also known as Skudeneshamn or simply Skudenes) is a town in Karmøy municipality in Rogaland county, Norway. It is located on the southernmost tip of the island of Karmøy at the entrance to the Boknafjorden and Karmsundet strait. The town i ...

, but also has offices in

Ålesund Ålesund () is a List of towns and cities in Norway, town in Møre og Romsdal county, Norway. The town is the administrative centre of Ålesund Municipality. The centre of the town of Ålesund lies on the islands of Hessa, Aspøya, Ålesund, Asp� ...

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Rio de Janeiro Rio de Janeiro, or simply Rio, is the capital of the Rio de Janeiro (state), state of Rio de Janeiro. It is the List of cities in Brazil by population, second-most-populous city in Brazil (after São Paulo) and the Largest cities in the America ...

Perth Perth () is the list of Australian capital cities, capital city of Western Australia. It is the list of cities in Australia by population, fourth-most-populous city in Australia, with a population of over 2.3 million within Greater Perth . The ...

Singapore Singapore, officially the Republic of Singapore, is an island country and city-state in Southeast Asia. The country's territory comprises one main island, 63 satellite islands and islets, and one outlying islet. It is about one degree ...

Manila Manila, officially the City of Manila, is the Capital of the Philippines, capital and second-most populous city of the Philippines after Quezon City, with a population of 1,846,513 people in 2020. Located on the eastern shore of Manila Bay on ...

and

Odesa Odesa, also spelled Odessa, is the third most populous List of cities in Ukraine, city and List of hromadas of Ukraine, municipality in Ukraine and a major seaport and transport hub located in the south-west of the country, on the northwestern ...

. The company has been renamed to Solstad Offshore from Solstad Farstad on 3rd Oct 2018.

History

The company was founded as Solstad Rederi by Johannes Solstad in 1964, in a town called

, on the island of Karmøy, where it is still headquartered to this day. It started off with ten

bulk carrier A bulk carrier or bulker is a merchant ship specially naval architecture, designed to transport unpackaged bulk cargo—such as Grain trade, grain, coal, ore, steel coils, and cement—in its cargo holds. Since the first specialized bulk carrie ...

s in the range of to , but entered the offshore supply sector in 1973 with the delivery of four supply ships. By 1982 the entire dry bulk fleet had been sold and Solstad continued as a pure offshore vessel operator, though from 1989 to 1998 it operated five

handysize Handysize is a naval architecture term for smaller bulk carriers or oil tanker with deadweight of up to 50,000 tonnes, although there is no official definition in terms of exact tonnages. Handysize is also sometimes used to refer to the span of ...

bulk carriers. A fleet renewal program started in 1996 increased the fleet size from 12 to 43 by 2007. The same year it was floated on the

Oslo Stock Exchange Oslo Stock Exchange () (OSE: OSLO) is a stock exchange within the Nordic countries and offers Norway's only regulated markets for securities trading today. The stock exchange offers a full product range including equities, derivatives and fixed ...

, though the Solstad family retains a major ownership in the company. Since its initial start in 1964, Solstad Offshore ASA now has become one of the biggest players of modern and advanced vessels for offshore service, with worldwide activities and projects for many of the major oil companies. Solstad Offshore ASA is a member of the Norwegian Shipowners Association ( Rederiforbundet). The company employs about 1800 people, and has since 2005 been the shipping company with most Norwegian crew sailing in international trade. In October 2021, Solstad Offshore,

Aker Solutions Aker Solutions ASA is a Norwegian engineering firm headquartered in Oslo. The firm's production is focused on energy infrastructure, including systems and services required to de-carbonize oil and gas production, build wind-to-grid infrastruc ...

ASA and DeepOcean Norway AS joined forces to create Windstaller Alliance. The partnership aims to provide the world’s most cost-efficient and complete product supply, fabrication and marine services offering within offshore wind. The alliance will also pursue other offshore renewables segments. The company has offices in Skudeneshavn (Norway), Aberdeen (United Kingdom), Singapore (Singapore), Macae and Rio de Janeiro (Brazil) and Perth (Australia). In June 2017, Solstad Offshore merged with

Farstad Shipping Farstad Shipping () is a publicly listed auxiliary ship, supply shipping company with its corporate headquarters in Ålesund, Norway. The company has approximately 2,200 employees, of which 1,965 are employed offshore. Farstad Shipping focuses ...

and

Deep Sea Supply Deep Sea Supply is an international operator of offshore supply vessels. It operates nine anchor handling tug supply vessels (AHTS) and two platform supply vessels (PSV). 17 ships are under construction. The main office is located in Arendal, Nor ...

to become Solstad Farstad. In October 2018, the company's name was changed to Solstad Offshore ASA. In March 2023 Solstad Offshore sold the Solstad PSV fleet of 37 vessels to Tidewater, the remaining fleet of 40 CSV and AHTS vessels remained under Solstad Offshore.https://www.solstad.com/sale-of-psv-fleet-to-tidewater-successfully-completed/

References

Shipping companies of Norway Supply shipping companies Transport companies established in 1964 Non-renewable resource companies established in 1964 1964 establishments in Norway Companies listed on the Oslo Stock Exchange {{Norway-shipping-company-stub