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Ocean services provider DeepOcean has entered into a two-year time charter agreement with Volstad Maritime for the M/S Volantis subsea construction vessel, and the fixture includes the provision that the ship will be upgraded with battery power notation before the contract begins in Q1 2023.

The time charter will run until the end of 2024, with options for further extensions.

‘DeepOcean has set a target to achieve a 45% reduction in CO2 emissions before 2030. By 2040 we aim to be carbon neutral. Chartering vessels from vessel owners who share the same environmental commitment is key to this strategy,’ said Øyvind Mikaelsen, CEO of DeepOcean.

He continued: ‘We are very familiar with the Volantis. It is a flexible vessel that allows us to serve operators of oil and gas fields as well as offshore wind farms in a highly efficient manner. 

The Volantis is a dynamically positioned multi-role subsea construction vessel, which incorporates a 150te active heave compensated subsea crane. In recent years, the Volantis has operated in the US Gulf of Mexico.

Volstad Maritime is a Norwegian shipowner headquartered in Aalesund. Its COO Eirik Syversen commented on the new charter agreement: ‘In line with our long- term strategy towards zero emissions, we will be installing batteries on the vessel to reduce consumption and emissions. Volstad Maritime were one of the first offshore owners to achieve the ISO 50001 accreditation for Energy Management Standard.

‘The installation of batteries on Volantis will take these efforts further forward and make the vessel even more attractive.’

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