Offshore

Solstad gets green light for restructuring: "A new beginning"

At an extraordinary general assembly, offshore ship operator Solstad has received approval for a rescue plan. CEO says the resolutions of the agreement, which has taken a year and a half to settle, "mark a new beginning for Solstad."
Photo: Solstad Offshore
Photo: Solstad Offshore
by CHRISTIAN CARLSEN

Struggling Norwegian offshore ship operator Solstad Offshore has received green light from its shareholders for a rescue plan, says the company in a notice to the stock exchange following its extraordinary general assembly.

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