Bibby Offshore Charters Construction Support Vessel

Posted by Eric Haun
Wednesday, November 13, 2013
CSV Olympic ARES

Aberdeen-based subsea installation contractor Bibby Offshore has signed a charter agreement for construction support vessel (CSV), the Olympic ARES. The agreement with Olympic Shipping will initially be a seasonal charter beginning at the end of Q1 2014 with options to extend. 

The vessel will be mobilized with ROVs from Bibby Offshore’s sister company Bibby Remote Intervention Limited and the companies together with Olympic Shipping shall jointly market the vessel from when it arrives in Aberdeen this month.

Andrew Duncan, president and managing director of Bibby Subsea said, “Adding to our fleet increases our offering to the IRM and construction market, which is an important growth area for the business. We have recently secured a number of major contracts in these areas and the Olympic ARES will be used to execute large and complex projects in the UKCS, Denmark and elsewhere in the North sea, whilst offering our clients greater choice and availability.

“The Olympic ARES is a superior vessel with excellent specifications, including a 250-metric-ton heave compensated crane for subsea use and 1,300m2 of clear back deck space.”

Bjorn Kvalsund, executive vice president for Olympic Shipping said, “The ROV Services Agreement with sister company Bibby Remote Intervention will allow us to both take advantages of additional opportunities together and we hope to grow and expand this working relationship in the future.”

Bibby Offshore with new sister company Bibby Remote Intervention Limited (BRIL), has grown from 10 employees in 2003 to now employing more than 1,300 people onshore and offshore worldwide, with offices in Aberdeen, Liverpool, Singapore, Trinidad and Houston. The company has an international fleet of six subsea support vessels and 13 Remote Operating Vehicles (ROV) and will continue to add to their fleet to meet demand.

bibbyoffshore.com
 

Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Japan LNG Imports Hit Record Levels

Japan imported record volumes of liquefied natural gas (LNG) and thermal coal in the fiscal year ended in March, as the country's  shutdowns of nuclear stations

Container Ship Delivers First Boxes to Great Lakes Port

The US Coast Guard say that the 'Fortunagracht', a 450-foot Dutch-flagged container ship, has delivered the first-ever load of containerized cargo to the Great Lakes.

Shipping Turns From Banks to Equity Markets for Cash

Shipping companies are turning to equity markets to fill a growing funding gap, betting that investors hungry for decent returns will provide capital to a sector

Offshore

Coast Guard tactical air squadron holds change of command ceremony

Capt. Kevin P. Gavin relieved Capt. Donna L. Cottrell as commanding officer of Coast Guard Helicopter Interdiction Tactical Squadron Jacksonville during a change of command ceremony at HITRON Friday.

Shell Commited To Russia Expansion Despite Sanctions

Royal Dutch Shell is committed to expansion in Russia, Chief Executive Ben van Beurden told Russian President Vladimir Putin at a meeting on Friday amid sanctions

Russia Ships First Oil From Offshore Arctic Platform

President Vladimir Putin hailed Russia's first shipment of Arctic offshore oil on Friday, saying the platform decried by environmentalists will help Moscow expand its global energy markets share.

News

Captain of Korean Ferry Praised Safety in Promotional Video

The captain of a ferry that sank off South Korea's southwestern tip with hundreds feared dead said in a promotional video four years ago that the journey was

Terex Corporation Announces Q1 2014 Financial Results

Terex Corporation (NYSE:TEX) will release its first quarter 2014 financial results on Wednesday, April 30, 2014 after market close. The Company will host a one-hour

Deadly Attack In Ukraine Shakes Fragile Geneva Accord

At least three people were killed in a gunfight in the early hours of Sunday near a Ukrainian city controlled by pro-Russian separatists, shaking an already

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Offshore Oil Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1630 sec (6 req/sec)