02:43 AM EDT, 09/30/2026 (MT Newswires) -- Solstad Maritime (SOMA.OL) secured firm contracts for its Normand Scorpion and Normand Saracen anchor handling tug supply vessels to deliver drilling support activities in the Asia-Pacific region. The 475-day contracts will start in the second and third quarters of 2027, according to a Wednesday release. The deals also include an extension option for 400 days. The Norwegian shipping company values the contracts at the upper end of the $10 million to $30 million range.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.