Bibby Offshore extends Olympic Ares charter
- Business & Finance
Olympic Ship AS has entered into a three-year charter agreement with Bibby Offshore Limited for the Olympic Ares, a multi-functional subsea support & construction vessel.
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.
The contract value and terms are in line with present market conditions for this type of vessel, Olympic Ship said.