Bibby Offshore has extended a charter for its Bibby Topaz that will allow the subsea services provider “exclusive and uninterrupted access” to the dive-support vessel (DSV) for several more years.
The UK contractor said on Tuesday that it agreed a long-term extension with the vessel’s owner Volstad Maritime.
"The terms and conditions of the extended charter arrangement have been adjusted to reflect the current market environment and are now based on a more mutual sharing of risk and reward," Bibby said.