Prosafe SE Reports Strong Fleet Performance and Outlook

Author: Owen Jenkins Updated: 09-22-2025 01:16 AM

Prosafe SE's Impressive Operational Performance

As of September 2025, Prosafe SE has reported an impressive 80% fleet utilization for August. The company continues to excel in the accommodation vessel market, showcasing strong operational capabilities across its fleet.

Fleet Highlights from August 2025

Prosafe’s vessels performed remarkably well, with Safe Eurus, Safe Notos, and Safe Zephyrus operating at full capacity, achieving over 99% commercial uptime in Brazil. This level of performance underlines the reliability and competitiveness of these vessels in a demanding market.

Safe Caledonia's Stellar Performance

Particularly noteworthy is the performance of Safe Caledonia, which maintained an exceptional 100% commercial uptime while stationed at the Captain Field in the UK. Such consistency in performance is essential not only for client satisfaction but also for enhancing the company's reputation within the industry.

Preparations for Future Contracts

Looking ahead, Safe Boreas is currently located in the Singapore region and is undergoing preparations for an imminent contract starting between mid-November and mid-December 2025. As of September, Safe Boreas has shifted to a standby rate, allowing for seamless transition into operational activities.

CEO's Insights on Future Opportunities

Reese McNeel, interim CEO and CFO of Prosafe, expressed optimism about the company’s ongoing performance: "Prosafe continues to deliver high commercial uptime and good operating performance across all vessels. Safe Caledonia is performing very well with options available beyond the current fixed term ending in December. New contract opportunities for Caledonia are particularly encouraging, especially looking into 2026 and 2027. Safe Boreas is on standby now, and preparations are well underway for full operational startup in the fourth quarter, ensuring all high-end units remain contracted into 2027, which will support increased earnings.”

About Prosafe

Prosafe is recognized as a leading owner and operator of semi-submersible accommodation vessels, listed on the Oslo Stock Exchange with the ticker code PRS. The company prioritizes delivering high-quality services to clients while keeping an eye on future growth opportunities.

Contact Information

For any inquiries or more detailed information, interested parties can reach out to Reese McNeel, interim CEO and CFO, at the following contact number: +47 415 08 186.

Frequently Asked Questions

What is the fleet utilization for Prosafe in August 2025?

Prosafe recorded a fleet utilization rate of 80% for August 2025.

How did Safe Caledonia perform in August 2025?

Safe Caledonia achieved an outstanding 100% commercial uptime during its operations at the Captain Field in the UK.

What are the upcoming plans for Safe Boreas?

Safe Boreas is preparing for an upcoming contract in Australia, with a start-up window between November 16 and December 15, 2025.

Who can provide further information about Prosafe?

For more details, you can contact Reese McNeel, the interim CEO and CFO, at +47 415 08 186.

Where is Prosafe listed, and what is its ticker?

Prosafe is listed on the Oslo Stock Exchange under the ticker code PRS.

About The Author

Hi there I'm 38-year-old author and financial consultant Owen Jenkins. Having worked in the financial sector for more than ten years, I am well-versed in the subtleties and complexity that mold our financial environment. Following a degree in finance, I worked in a number of financial institutions honing my abilities in market analysis, financial planning, and investment strategies.

My love is teaching others about investing and personal finance. My goal in writing many books and articles has been to demystify financial ideas and give readers the information they need to make wise financial decisions. I write with a direct, useful style that emphasizes doable suggestions for daily living.

Along with writing, I lead webinars and seminars where I impart knowledge on how to successfully negotiate the financial world. I also write for financial journals and show up as a guest expert on financial news programs a lot. Whether they are new to investing or want to improve their approach, my mission is to enable people to take charge of their financial futures.

Beyond work, I like to hike, play the guitar, and spend time with my family. I think that balance is crucial and want to encourage people to strike a balance between their financial aspirations and their hobbies. I want to help people succeed and achieve financial security through my work, so having a good influence.

Contact Owen Jenkins privately here. Or send an email with ATTN: Owen Jenkins as the subject to contact@investorshangout.com.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.