09:55 AM EDT, 10/06/2026 (MT Newswires) -- Solstad Offshore's (SOFF.OL) subsidiary Normand Maximus exercised the option to buy the Norwegian construction vessel CSV Normand Maximus for $125 million. The vessel is currently leased from marine shipping company Solstad Maritime's (SOMA.OL) subsidiary Maximus Shipping under a bareboat charter signed in October 2022. The purchase will close in October 2027, according to a Tuesday release. The deal gave Normand Maximus the right to buy the vessel after five years, provided it gave a one-year notice.

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