Prosafe ( (GB:0J5Y) ) just unveiled an announcement.
Prosafe reported a fleet utilization rate of 57% for February 2025, with Safe Notos, Safe Zephyrus, and Safe Concordia achieving full capacity. Safe Eurus had a utilization rate of 98%, while Safe Caledonia began reactivation activities in the UK. The sale of Safe Concordia was completed, and Safe Boreas is preparing for a relocation to Australia. These developments indicate Prosafe’s strategic movements in vessel operations and market positioning, with implications for operational efficiency and future contracts.
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 Signal: Strong Buy
Current Market Cap: NOK139.4M
For a thorough assessment of 0J5Y stock, go to TipRanks’ Stock Analysis page.