Reach Subsea and MMT bring in Olympic subsea vessel

Norwegian owner Reach Subsea has announced that its partner MMT Sweden has entered a long-term contract with Olympic Subsea for subsea vessel Olympic Delta for work on a new contract. At the same time, Reach Subsea has entered into an agreement with Delta Subsea, hiring two WROVs already mobilized on board the vessel.

Following MMT’s charter-in of the vessel, Reach Subsea and MMT will cooperate on providing ROV Survey services on four subsea vessels including Edda Fonn and Havila Subsea, chartered-in by Reach Subsea, and Stril Explorer and Olympic Delta, which are chartered-in by MMT.

The vessels will be used for a contract announced by Reach in June for a European contractor.

“The combination of Reach Subsea’s ROV competence and MMT’s Survey competence has proven to be powerful, and much appreciated by our clients. We are now expanding our combined service offering to our clients in a cost effective way through MMT’s charter-in of the M/V Olympic Delta, and Reach’ charter-in of the ROVs onboard. First class ROV Survey services can now be offered from four subsea spreads, with two revolutionary Surveyor Interceptors readily available on whichever of the four subsea spreads our clients prefer,” said Jostein Alendal, CEO of Reach Subsea.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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