Prosafe SE: Operational update - November 2024

In November 2024, Prosafe's fleet utilization was 57 percent, with vessels Safe Notos, Safe Eurus, Safe Zephyrus, and Safe Concordia achieving full utilization. Safe Zephyrus is expected to extend its contract with Petrobras into Q3 2027. Safe Caledonia has begun reactivation in Scapa Flow, UK, and plans to move to the Captain Field, UK, by June 2025. Safe Boreas is laid up in Norway and will relocate to Australia for a contract starting in October 2025. Safe Scandinavia remains laid up in Norway. Prosafe is a major owner and operator of semi-submersible accommodation vessels, listed on the Oslo Stock Exchange.
RATING
The article provides a factual update on Prosafe's fleet utilization and vessel activities, showing a reasonable level of transparency and clarity. However, it lacks multiple perspectives or external sources, as it seems to be a company statement.
RATING DETAILS
The article appears accurate in its reporting of fleet utilization and vessel activities as of November 2024. However, without external verification, it's difficult to confirm all facts.
The article presents information from a single perspective, likely from Prosafe's point of view, without additional viewpoints or context that could provide a more balanced picture.
The article is clearly written and logically structured, providing specific details without emotive language. It is easy to understand for readers familiar with the subject.
The information seems to be sourced from Prosafe, a credible source regarding its operations. However, there is no mention of third-party verification or additional sources.
The article is transparent in terms of detailing the fleet's status and future plans, and it includes contact information for further inquiries. However, it does not disclose potential conflicts of interest.