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Prosafe Achieves High Fleet Utilisation and Prepares for Future Contracts

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Prosafe Achieves High Fleet Utilisation and Prepares for Future Contracts

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

Prosafe reported an 80% fleet utilisation rate for August 2025, with vessels in Brazil and the UK achieving near-perfect commercial uptime. The company is preparing for new contracts, particularly with the Safe Boreas in Australia, and anticipates increased earnings as all high-end units will be contracted into 2027.

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.

YTD Price Performance: -48.43%

Average Trading Volume: 889,669

Current Market Cap: NOK1.27B

See more insights into 0J5Y stock on TipRanks’ Stock Analysis page.

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