Bibby Charter Enlarges North Sea DSV Fleet

Bibby Offshore expanded its fleet of North Sea class diving support vessels by signing a contract to charter the DPII DSV Mermaid Endurer from Subtech Ltd. on behalf of Mermaid Offshore Services.

The charter will run from April, 2014 for 200 days with extension options and a similar optional period has been agreed from April 1, 2015. The vessel will join Bibby Offshore’s DSV fleet which includes the Bibby Sapphire, Bibby Polaris and Bibby Topaz, providing additional capacity for clients.

Bibby Offshore business and commercial director, Andrew Duncan said, “The charter of the Mermaid Endurer will expand our capacity for our oil and gas clients in the North Sea, for the next two years and allow us to continue to deliver comprehensive DSV support and in this region. Subtech will also be providing additional assistance by providing personnel and we will work in close collaboration with our Diving Operations Department to supply diving staff.”

Duncan continued, “As well as the time-charter, we have also signed an exclusive agreement to market the vessel in the periods when we are not chartering it. This will be of great benefit to our clients, further underpinning our DSV business by giving us access to a fully-equipped vessel, from mid-January 2014 to the end of December 2015.”

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