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Prosafe Expands Operations with Key Vessel Deployments
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Prosafe Expands Operations with Key Vessel Deployments

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An update from Prosafe ( (GB:0J5Y) ) is now available.

Prosafe announced a fleet utilisation of 57% for Q4 2024, with all operating vessels achieving full utilisation. Notably, the Safe Zephyrus contract with Petrobras has been extended by 954 days, prolonging operations until September 2027. The Safe Caledonia is being reactivated for deployment in the UK by June 2025, while the Safe Boreas is preparing for a relocation to Australia by October 2025. This strategic positioning indicates Prosafe’s efforts to enhance operational capacity and strengthen its market presence.

More about Prosafe

Prosafe is a leading owner and operator of semi-submersible accommodation vessels, and is listed on the Oslo Stock Exchange under the ticker code PRS.

YTD Price Performance: 0.0%

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: NOK208.7M

See more data about 0J5Y stock on TipRanks’ Stock Analysis page.

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