Bibby Offshore Extends Charter of Olympic Ares

  • Business & Finance

Olympic Ship AS has entered into a three-year charter agreement with Bibby Offshore Limited for the vessel Olympic Ares, a multi-functional subsea support & construction vessel.

Bibby Offshore Extends Charter of Olympic Ares
Olympic Ares

The charter extends the current charter in place, now ending in late 2017. The charterer has combined options for an additional three years for a total of six years.

 

Olympic Ares is designed for low fuel consumption and excellent sea and station-keeping. This is in addition to low noise and vibration in hull and superstructure which ensures high comfort and safety for the crew.

Olympic Ship is a Norwegian-based global offshore supply vessel owner and operator with a well-diversified portfolio of 23 vessels focused on subsea. The fleet is relatively young with an average
age of about 5 years.
[mappress]
Bibby Offshore, June 24, 2014

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