Norwegian offshore vessel owner Solstad Maritime has officially rang the bell on the Oslo Stock Exchange.
The price of Solstad Maritime shares opened at NOK 22.6 ($2.18) per share. Market capitalisation was NOK 10.5bn ($1bn) on the day of listing. The company did not raise additional capital as part of the listing.
Solstad Maritime is part of the Solstad Group, which also includes Solstad Offshore. The company was established in January 2024 as part of the refinancing of the Solstad Group.
The firm is headquartered in Skudeneshavn in Norway and has around 1,500 employees with offices in five countries. It owns 32 vessels, including 22 construction support vessels and 10 anchor handling tug supply vessels, providing specialised offshore tonnage to the global energy markets.
“This milestone marks a step forward in our commitment to delivering value to our shareholders. After the company refinancing in early 2024, we stated that Solstad Maritime would be listed within 12 months, and now we are delivering on this commitment,” said Lars Peder Solstad, CEO of Solstad Maritime.
This is the ninth listing on Euronext markets in 2025 and the second listing in Oslo.
