PROSAFE SE [CBOE] overview

30 December – Gunnar Eliassen has notified the Chair of the Board of Directors that he resigns as Deputy Chair due to other commitments. Mr Eliassen has been a member of the Board of Directors since February 2024. His resignation has been accepted and is effective immediately. Glen Rødland, the Chair of Prosafe, would like to thank Gunnar for his valuable contributions on behalf of the company. For further information, please contact: Glen O. Rødland, Chair Phone: +47 907 41 662 Terje...

19 December - Fleet utilisation for November 2024 was 57 per cent. In November, all operating vessels - Safe Notos, Safe Eurus, Safe Zephyrus and Safe Concordia - achieved 100 per cent utilisation. Safe Zephyrus extension into Q3 2027 expected with Petrobras. Safe Caledonia has commenced reactivation activities in Scapa Flow, UK, and will mobilise to the Captain Field, UK, within June 2025. Safe Boreas is laid up in Norway pending relocation in Q2 2025 for a contract in Australia commencing...

19 November - Fleet utilisation for October 2024 was 57 per cent. In October, all operating vessels - Safe Notos, Safe Eurus, Safe Zephyrus and Safe Concordia - achieved 100 per cent utilisation. Safe Caledonia has commenced reactivation activities in Scapa Flow, UK, and will mobilise to the Captain Field, UK, within June 2025. Safe Boreas is laid up in Norway pending relocation in Q2 2025 for a contract in Australia commencing earliest October 2025. The first milestone of the reactivation has...

(Figures in brackets refer to the corresponding period last year) 14 November 2024 – Prosafe SE reported EBITDA of USD 5.0 million (USD 8.4 million) for the third quarter of 2024. The company had four active vessels during the quarter. Operations and HSSE Good operating and safety performance on all vessels Q3 2024 utilisation of 57% (52%), four out of seven vessels operating during the quarter Safe Concordia, Safe Notos and Safe Eurus all had 100% utilisation, Safe Zephyrus 99% utilisation...

01 November - Prosafe SE will release its third quarter 2024 results on November 14, 2024, at approximately 07:00 a.m. CET. The Q3 report will be available on both www.newsweb.no and Prosafe’s website, www.prosafe.com . Terje Askvig, CEO, and Reese McNeel, CFO, will present the results at Pareto Securities, located at Dronning Mauds gate 3, 0115 Oslo, on the same day at 10:00 a.m. CET. This presentation is open to the public and will be live-streamed on Prosafe’s website. It will be possible...

18 October - Fleet utilisation for Q3 2024 was 57 percent. In Q3 2024, Safe Concordia, Safe Notos and Safe Eurus all achieved 100% utilisation. Safe Zephyrus reached 99% utilisation. Safe Caledonia is laid up at Scapa Flow, UK, and is scheduled for deployment to the Captain Field, UK, starting Q2 2025. Safe Boreas is laid up in Norway pending relocation in Q2 2025 for a contract in Australia commencing earliest October 2025. Safe Scandinavia is laid up in Norway. Prosafe is a leading owner and...

20 September - Fleet utilisation for August 2024 was 57 percent. In August, Safe Eurus and Safe Notos achieved 99% utilisation, while Safe Zephyrus reached 97%. The contract for Safe Concordia has been extended through the final two-months of options, plus an additional two-month extension. The vessel maintained 100% utilisation during August. Prosafe has secured firm contracts for both the Safe Caledonia and the Safe Boreas. The Safe Caledonia is set to begin operations in June 2025 at the...

11 September 2024 - With reference to the public disclosures dated 13 October 2022 and 29 January 2024, the charterer of the Safe Concordia has exercised early the remaining 2 months of options, plus a further 2 months. The fixed term of the contract is now through to 09 March 2024. The total value of the 4 month extended period is approximately USD 13.14 million. For further information, please contact: Terje Askvig, CEO Phone: +47 952 03 886 Reese McNeel, CFO Phone: +47 415 08 186 Prosafe is a...