Offshore

Solstad must confirm value of its ships today

Wednesday is the deadline for Solstad Offshore to respond to requests from FSA Norway to reexamine the value of its ships. The body believes the carrier may have violated accounting rules.
by KATRINE GRØNVALD RAUN

Today, Wednesday, Norway's biggest offshore carrier Solstad Offshore must confirm the value of its 140 vessel fleet. Before Christmas, Norway's Financial Supervisory Authority (FSA) sent the carrier a letter instructing it to reexamine the value of its vessels, writes Sysla.

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