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, which will see the companies work together to secure utilisation for the vessel and Canyon Offshore’s systems and services with third party clients. The framework agreement will operate initially for six months, with the potential to be evergreen thereafter. The Olympic Athene has commenced its first job with a third party client in the US Gulf under this agreement.
