Fleet staying active as Prosafe navigates strategic divestments

Prosafe, a semi-submersible accommodation vessel owner and operator listed on the Oslo Stock Exchange, has disclosed its fleet activities for March. In March 2025, the fleet utilization rate slightly dropped to 52% from the 57% reported in February. The vessel Safe Zephyrus was the busiest, operating at full capacity with a 100% commercial uptime. This advanced DP3 semi-submersible ASV is currently under contract with Petrobras. Its sister vessel, Safe Boreas, is in Norway preparing for a contract in Australia. The vessels Safe Notos and Safe Eurus, also busy with a 99% utilization rate, are working with Petrobras as well. Prosafe recently divested Safe Concordia and is reactivating Safe Caledonia for work in the UK. Safe Scandinavia is set to be recycled in compliance with relevant regulations.