Solstad Farstad is working on an OSV recovery during the next few years with the market tipped to return to mid-cycle levels in 2020.
This was the message from the giant company forged from the merger of four established names as it released its second quarter report today.
A union of Farstad, Solstad, Deep Sea Supply and Rem Offshore was completed in late June, making the second quarter figures released today irrelevant as they represent just Solstad’s showing in the quarter.
