DESS Aquaculture Shipping AS (DESS Aqua), a part-owned company of Solstad Offshore ASA (Solstad) within the aquaculture segment, is raising new equity to finance fleet growth. In order to fund the remaining part of the existing newbuilding program and two new vessels DESS Aqua has decided to raise NOK 700 mill of equity. The new equity will be raised through a private placement directed towards Hemen Holding Ltd and Marine Harvest, with 50% each. Following such private placement, DESS Aqua will be owned by Solstad (approx. 20%), Marine Harvest (50%) and Hemen Holding Ltd (approx 30%).