Ocean Installer Charters Vessel for UK Operations

Ocean Installer signed short term charter for the OCV/ROV Grand Canyon in order to meet project requirements.

Due to an increasing order book Ocean Installer is experiencing high utilisation of its current fleet and recognises the need for increased vessel capacity in the UK.

Ocean Installer has agreed a charter party with Canyon Offshore for the vessel, the duration of the charter agreement being from June 2014 for 28 days firm. Ocean Installer will use the vessel for mothership duties in support of a contract awarded for light construction work.

Ocean Installer recently chartered the DP2 light construction/ROV vessel Dina Star for dredging services.

The Ocean Installer Aberdeen office is managing both projects.

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Press Release, May 16, 2014