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Prosafe Reports January 2025 Utilization and Announces Vessel Sale

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Prosafe Reports January 2025 Utilization and Announces Vessel Sale

Confident Investing Starts Here:

Prosafe ( (GB:0J5Y) ) has shared an update.

Prosafe reported a fleet utilization rate of 57% for January 2025, with Safe Notos and Safe Concordia achieving full capacity and Safe Eurus and Safe Zephyrus reaching 99% utilization. The company announced the sale of Safe Concordia to an undisclosed buyer, with delivery expected between March and June 2025. This strategic move, along with Safe Boreas’s upcoming contract in Australia and the reactivation of Safe Caledonia, demonstrates Prosafe’s efforts to enhance operational efficiency and market positioning.

More about Prosafe

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

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: NOK130.8M

For a thorough assessment of 0J5Y stock, go to TipRanks’ Stock Analysis page.

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