General – Time Charter
DeepOcean has entered into a two-year time charter agreement with options for further extensions with Volstad Maritime for the M/S Volantis subsea construction vessel.
As part of the fixture to DeepOcean, the vessel will be upgraded with battery power notation before commencing the contract in the first quarter of 2023.
The time charter will run until the end of 2024, with options for further extensions.
The Volantis is a dynamically positioned multi-role subsea construction vessel, which incorporates a 150te active heave compensated subsea crane. The 107-meter long vessel is permanently mobilized, in addition to the powerful UT-1 trencher, with two high sea state work class ROVs as well as an observation ROV. In recent years the Volantis subsea construction vessel has operated in the US Gulf of Mexico and will continue to be utilized globally.