Olympic Subsea Vessel Bags Contract

April 30, 2016

 Olympic Shipping has secured a contract for Olympic Delta, an inspection, maintenance and repair (IMR) vessel, with an international client  to work on a renewable energy project. 

 
The vessel, with the length of 92.55 meters, will be employed in the renewable energy sector. The value of the contract was not disclosed.
 
Olympic Delta will start work in August for a fixed period of 120 days, plus a further 80 days or more if extension options are exercised.
 
Stig Remøy the company’s CEO, said: ”For many years we have focused on offering our environmental friendly operations also within the renewable energy market. We have had a number of vessels employed in this segment and this contract confirms that the Olympic fleet of vessels is attractive in several markets.”
 
Olympic Delta is equipped with a diesel electric frequency controlled propulsion, an azimuth thruster and a system for dynamic positioning. The vessel has an 80 tonne AHC crane and a helideck, and can accommodate 80 persons.
 
In addition, the company informed that the Olympic Challenger contract with Technip has been extended for two months, from August until October 2016.
 

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