Marine Link
Monday, October 23, 2017

Olympic Pact with Canyon Offshore

May 25, 2016

Olympic Athene. Photo: Olympic Shipping

Olympic Athene. Photo: Olympic Shipping

 Norwegian offshore shipping company Olympic Shipping has entered into a frame agreement with Canyon Offshore for the joint marketing and subsequent operation of the subsea construction vessel (SCV) Olympic Athene and Canyon’s ROV systems.

 
Under the agreement the companies will work together to secure utilization for the vessel and ROV systems and services with third party clients.
 
The framework agreement will operate initially for six months, with the potential to be evergreen thereafter. According to Olympic, the Olympic Athene has started its first job with a third party client in the U.S. Gulf under this agreement.
 
Under this agreement, the Olympic Athene, formerly known as Olympic Boa, has already started its first job in the U.S. Gulf.
  
Stig Remøy, CEO of Olympic Shipping, said: “I am happy to see that we, together with Canyon Offshore, are able to set up a structure that offers our clients high quality vessel and ROV services.”
 
Ian Edmonstone, president Canyon Offshore, added: “We are also pleased to continue our long term relationship with Olympic Shipping and look forward to providing quality subsea project solutions to our Americas client base.”
 
Olympic Athene, previously known as Olympic Boa, is of an MT 6022 MKII design built by Kleven Verft with a 250t AHC Crane and total 102 persons accommodation.
 
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