Norwegian shipping company Solstad Offshore has secured a three-year contract award with an international contractor for the construction support vessel (CSV) Normand Frontier.
The firm contract starts immediately and will see the 2014-built vessel fully committed until the end of 2027.
Normand Frontier will support the client’s operations worldwide. As part of the charter party, Solstad will together with Omega Subsea deliver two work-class remotely operated vehicles (WROVs) including manning, tooling, survey services, and project personnel.
According to Solstad, the commercial terms are confidential but in line with current market levels for this type of vessel.
The 121-meter-long Normand Frontier is owned by Solstad Maritime Holding, in which Solstad Offshore holds 27,3%.
Of note, it was announced at the end of 2024 that Solstad Subsea Holding was set to acquire a 35.8% ownership share in Omega Subsea.
The news came a month after Solstad Offshore had secured a contract award with a mystery client that will keep the largest vessel in its fleet fully committed until the end of 2026.