Page 25: of Marine Technology Magazine (November 2013)

Bibby Offshore signed a charter agree- ment for construction support vessel (CSV), the Olympic ARES. The agree- ment with Olympic Shipping will initial-ly be a seasonal charter beginning at the end of Q1 2014 with options to extend. The vessel will be mobilized with ROVs from Bibby Offshore?s sister company Bibby Remote Intervention Limited and the companies together with Olympic Shipping shall jointly market the vessel from when it arrives in Aberdeen. ?Adding to our  eet increases our of- fering to the IRM and construction mar- ket, which is an important growth area for the business,? said Andrew Duncan, president and managing director of Bib-by Subsea. ?We have recently secured a number of major contracts in these areas and the Olympic ARES will be used to execute large and complex projects in the UKCS, Denmark and elsewhere in the North Sea, while offering our clients greater choice and availability.? ?The Olympic ARES is a superior ves- sel with excellent speci cations, includ- ing a 250-metric-ton heave compensated crane for subsea use and 1,300 sq. m. of clear back deck space.? Bjorn Kvalsund, EVP for Olympic Shipping said, ?The ROV Services Agreement with sister company Bibby Remote Intervention will allow us to both take advantages of additional op- portunities together and we hope to grow and expand this working relation- ship in the future.? Bibby Offshore with new sister com- pany Bibby Remote Intervention Lim- ited (BRIL), has grown from 10 em- ployees in 2003 to now employing more than 1,300 people onshore and offshore worldwide, with of ces in Aberdeen, Liverpool, Singapore, Trinidad and Houston. The company has an interna- tional  eet of six subsea support ves- sels and 13 Remote Operating Vehicles (ROV) and will continue to add to their  eet to meet demand. Bibby O shore Charters CSV Marine Technology Reporter 25www.seadiscovery.com MTR #9 (18-33).indd 25MTR #9 (18-33).indd 2512/12/2013 11:08:49 AM12/12/2013 11:08:49 AM