Solstad Maritime has been awarded drilling support contracts in the Asia-Pacific region for two anchor handling tug supply vessels, MarineLink reported on 30 September 2026.
The work is described as drilling support for the two AHTS and will be carried out in the Asia-Pacific market. The announcement did not name the contracting party or disclose specific operating areas within the region.
The combined firm value of the contracts is reported as being estimated at the upper end of a $10 million and $30 million range. No further commercial terms, such as mobilisation schedules or optional periods, were included in the MarineLink item.
The vessels involved are identified only by type, anchor handling tug supply vessels, commonly used in the offshore drilling sector to handle anchors, tow rigs and provide general supply duties to drilling units. The company statement quoted by MarineLink confined itself to the award and the value bracket.
Solstad Maritime has over recent years maintained a fleet with a significant number of AHTS and supply tonnage; the new awards add to the company’s backlog without altering any publicly available fleet lists. MarineLink’s report framed the contracts as part of the firm’s ongoing programme of securing project work in the Asia-Pacific offshore market.
Contract value
MarineLink’s summary places the combined firm value at the upper end of a $10 million to $30 million range, indicating a modest but meaningful contribution to near-term revenue. The piece provided no breakdown between the two vessels, so whether value is evenly split or weighted to one unit remains unspecified.
Operational impact
The contracts are expected to occupy two AHTS within the Asia-Pacific region for the firm period stated in the announcement, though specific dates were not published. The award should support utilisation for the named vessels and contribute to the company’s short-term employment profile in the area.
Solstad did not supply additional operational detail in the material cited by MarineLink, and the publication did not report on any related supply chain or port calls connected to the work. The lack of further detail leaves questions about start dates, transit plans and whether the vessels will be drawn from local tonnage or repositioned from other regions.
Market observers will note that even mid-range multi-million-dollar AHTS contracts help firms sustain coverage of fixed costs and crew employment between larger project assignments. For operators active in the Asia-Pacific basin, contract awards of this character form part of the steady cadence of drilling support work that underpins fleet activity.
MarineLink’s item serves as the source for the announcement and the value estimate. The report sets out only the essential facts: two AHTS have been contracted for drilling support in Asia-Pacific and the combined firm value sits near the upper bound of the reported range.
Further specifics on counterparties, contract duration, and vessel identities were not disclosed in the report cited, and no additional company commentary was included in the supplied notes. Market participants seeking fuller detail will need to await further disclosure from Solstad Maritime or follow-up reporting by the original source.
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