Norway's Solstad Offshore is facing a legal scrap over the early termination of a vessel charter.
The Oslo-listed offshore shipowner said in September that Italy's Saipem had torn up an eight-year deal for the 177-loa multifunctional support vessel (MSV) Normand Maximus (built 2016) four years early.
Solstad believes it is entitled to a termination fee of $44.3m,
