Solstad Maritime ASA
2.74
EUR
-0.05
(-1.97%)
ISIN
NO0013135368
Return %
Stock
S&P 500
1Y
85.64
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
USD
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in mil. unless spec.Working Capital
USD
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in mil. unless spec.Growth Rates
USD
•
in mil. unless spec.Quarterly Revenue
USD
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in mil. unless spec.Quarterly Earnings Per Share
USD
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in mil. unless spec.Quarterly Dividends Per Share
USD
•
in mil. unless spec.Company Description
- CEO
- Lars Peder Solstad
- Full Time Employees
- 1,363
- Sector
- Transportation
- Industry
- Marine shipping
- Address
- Skudeneshavn Norway
- IPO Date
- May 16, 2025
- Website
- solstad.com
- Similar Companies
- Business
- Solstad Maritime ASA is a Norway-based offshore shipping and maritime services company that owns and operates a high-specification fleet of offshore support and subsea construction vessels serving the global oil, gas, and offshore renewable energy industries. The company provides specialized marine assets and offshore solutions, comprising Construction Support Vessels (CSVs) equipped with heavy-lift active heave-compensated cranes, large deck capacities, and moonpools for subsea infrastructure installation, inspection, maintenance, and repair (IMR) campaigns, SURF (subsea umbilicals, risers, and flowlines) laying, and offshore wind farm deployment; Anchor Handling Tug Supply (AHTS) vessels engineered for deepwater mooring, rig mobilization, towing, and specialized anchor handling operations; integrated remotely operated vehicle (ROV) and survey support services for underwater interventions; and comprehensive commercial chartering, ship management, and marine logistics solutions. Solstad Maritime ASA operates globally across major offshore energy basins, including the North Sea, Brazil and Latin America, West Africa, North America, and the Asia-Pacific region. Headquartered in Skudeneshavn, Norway, the company was established in January 2024 through the corporate restructuring and refinancing of the Solstad Group, with underlying maritime heritage tracing back to 1964. Solstad Maritime maintains strong industrial backing through Solstad Offshore ASA and Aker Capital. In major recent developments, Solstad Maritime completed a direct public listing on the Euronext Oslo Børs under the ticker symbol SOMA in May 2025, following its establishment and initial NOK 4 billion equity recapitalization. In December 2025, the company successfully amended and restated its core senior credit facilities, extending loan maturity to January 2029 and lowering annual debt amortization schedules to enhance balance sheet flexibility. Additionally, the company has expanded its multi-year charter backlog with global energy operators and tier-one EPCI contractors, extended its subsea operations alliance with Omega Subsea, and accelerated fleet decarbonization initiatives through the deployment of battery-hybrid energy storage systems across select vessels.