JF Subtech charters Olympic Subsea vessel
James Fisher Subtech has signed a charter agreement with Olympic Subsea for exclusive use of its multipurpose offshore vessel Olympic Taurus.
JF Subtech and sister firm JF Renewables will both use the vessel, which has already been fitted with a remotely operated vehicle (ROV) and mobilised in northern Scotland for UXO (unexploded ordnance) identification, survey and disposal in the North Sea.
Once that project is completed, the vessel will be sent to work in and around the UK and Europe with a focus on UXO activities along with other core services.
“JF Subtech is incredibly proud to welcome the Olympic Taurus, our second chartered vessel for 2023,” said Mike Bailey, asset and operations director at JF Subtech. “As the vessel market tightens, she will prove to be a reliable and capable asset at a predictable cost base, deployed on various WROV projects for our customers in the energy sector.
“The agreement allows us the flexibility to continue supporting our existing customers with our core capabilities whilst simultaneously supporting the wider UK offshore energy industry.”
The news follows JF Subtech’s recent announcement of its first seasonal charter agreement for IRM and subsea construction vessel Edda Savanah.
