Search results for: olympic

696 results

A list of search results

  • 5 March 2018
    Business & Finance

    Reach Subsea has entered into an agreement with Olympic Subsea for the use of the subsea vessel Olympic Challenger. 

  • 29 February 2016
    Business & Finance

    Norwegian shipping company Olympic has been awarded new contracts for the company’s AHTS and OCV vessels with an international contractor.  The company’s two multifunctional anchor handling tug supply (AHTS) vessels, Olympic Hercules and Olympic Pegasus, as well as an AHTS and offshore construction vessel (OCV), Olympic Zeus, will be employed on a project in West Africa. According to Olympic, […]

  • 29 February 2016
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Olympic Ship has secured contracts with undisclosed international contractors for its vessels Olympic Zeus and Olympic Hera, the company informed on Monday. The vessel M/V Olympic Zeus has been chartered for a period of up 9 weeks, including options. The vessel will be carrying out project work in West Africa. The Olympic Hera will carry […]

  • 9 December 2016

    After months of talks with creditors Norwegian offshore vessel owner Olympic Ship has received restructuring support. “The company is pleased to announce that the discussions have been successful and that the company has now obtained support for a financial restructuring of the Group from key stakeholders of the Group,” Olympic Ship said on Friday. The […]

  • 3 June 2016
    Project & Tenders

    Olympic Shipping has secured a contract for inspection, maintenance and repair (IMR) vessel, Olympic Delta, with an undisclosed international client. The vessel will be employed within renewable energy sector, the company informed. According to the company, the contract will start immediately and has a fixed period of eight weeks plus options for extension. Stig Remøy, CEO of Olympic said: “It’s with great […]

  • 24 May 2016
    Business & Finance

    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. Olympic said that the agreement would see the companies work together to secure utilization for the vessel and Canyon Offshore’s systems […]

  • 9 December 2016
    Business & Finance, Operations & Maintenance

    Norwegian provider of subsea and offshore construction vessels, Olympic, said on Friday it has obtained support from its key stakeholders for the financial restructuring of the Group.  Through implementation of the restructuring, a new pure-play subsea structure will be created and NOK 400 million injected in new equity. A new company, “Olympic Subsea” (OLSUB, currently named […]

  • 29 May 2019
    Project & Tenders

    Olympic Subsea has received new contracts for three of its vessels to work in oil & gas and renewables sectors. Olympic entered into an agreement for the multifunctional subsea vessel ‘Olympic Triton’ for a period of 12 months with further options. The contract will be performed in West Africa for an international oil company with […]

  • 2 March 2015
    Business & Finance

    Norway’s Olympic Ship AS has signed a contract for M/V Olympic Taurus. Olympic has also inked a deal with Technip for M/V  Olympic Challenger.  Olympic was awarded a new contract for 4+1  months with “an international customer” for M/V Olympic Taurus. According to the company, the vessel will be doing construction work in Argentina and the contract starts immediately. […]

  • 29 November 2016
    Business & Finance, Vessels

    Norway-based ship owner, Olympic Ship, has been granted an extension to the stand-still agreement in an effort to address the long-term financing solution for the company.

  • 6 May 2011
    Business & Finance

      Olympic Ship has entered into long term contracts with Petrobras Brazil for the PSV`s Olympic Elena (MT6009) and Olympic Promoter (UT755). The firm contract period is 4 years with further options for 4 x 1 year . The contracts have been entered into on market terms. The Olympic group of companies is an owner […]

  • 9 December 2016
    Business & Finance, Vessels

    Norwegian shipowner Olympic Ship has received support for financial restructuring from its stakeholders.

  • 16 January 2012
    Business & Finance

    Olympic Shipping announced that the naming ceremony of their new vessel Olympic Commander was held on Saturday in Alesund, Norway After the ceremony the vessel was open to the public and several hundred used the opportunity to take a look inside. Olympic Commander is a MT6015 design, and the first of three to be delivered […]

  • 16 January 2012
    Business & Finance

    Olympic Shipping announced that the company held naming ceremony of their new Multipurpose Offshore Vessel Olympic Commander on Saturday in Alesund, Norway After the ceremony the vessel was open to the public and several hundred used the opportunity to take a look inside. Olympic Commander is a MT6015 design, and the first of three to […]

  • 18 October 2016
    Business & Finance

    Olympic Shipping, a Norwegian provider of subsea and offshore construction vessels, said that a consortium of local investors is willing to invest into the business of the restructured Olympic group of companies. According to the Oslo-listed company, the consortium would invest approximately NOK 500 million ($61.3 million), out of which approximately NOK 400 million is new […]

  • 24 January 2017
    Business & Finance

    In order to complete the group restructuring, Norway-based shipowner Olympic Ship has once again agreed with its secured lenders to extend the stand-still agreement.

  • 24 May 2016
    Project & Tenders

    Olympic Shipping has entered into a frame agreement with Canyon Offshore for the joint marketing and subsequent operation of the subsea construction vessel 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. According to Olympic Shipping, the framework […]

  • 29 May 2019
    Business & Finance

    Norwegian vessel owner Olympic Subsea has been awarded new contracts for three of its vessels. 

  • 6 February 2017
    Business & Finance

    Norwegian shipowner Olympic Ship has completed its financial restructuring having reached an agreement with the stakeholders and secured lenders.

  • 5 March 2014
    Business & Finance

    Boa Marine Services, Inc. has chartered the newbuild vessel Olympic Boa, owned by Olympic Shipping. The vessel is a multi-functional offshore construction vessel (OCV) owned by Olympic Ship AS. The charter will start during the second quarter of 2014. Boa has chartered the Olympic Boa vessel on a three-year contract, plus options. Earlier this week Olympic Shipping […]

  • 26 December 2016
    Business & Finance, Vessels

    Olympic Ship has secured an extension to the stand-still agreement from its lenders to conclude the ongoing financial restructuring within the company.

  • 3 June 2016

    Norwegian offshore vessels owner and operator Olympic Shipping has chartered out Olympic Delta to an unnamed international client for a project ”within renewable energy.” Commencement of the contract will be immediately and has a fixed period of 8 weeks plus options potentially extending the period further. Stig Remøy, CEO of Olympic Shipping: ”It’s with great pleasure […]