Bibby Offshore Limited, the Aberdeen-based provider of subsea construction and offshore management services, announced that it has acquired the dive support vessel (DSV), Bibby Sapphire, from the vessel’s present owner, Volstad Subsea AS. A $52.5m loan facility has been provided by Standard Chartered Bank to fully fund the acquisition. Standard Chartered Bank will act as sole lender in the transaction. Bibby Sapphire has been on time charter from Volstad to Bibby Offshore for the last five years.