Olympic Shipping’s AHTS returns from layup

The Norwegian offshore shipowner Olympic Shipping is gearing up to reactivate one of its offshore vessels.

In a statement on Wednesday, Olympic Shipping said that its Olympic Octopus anchor handling tug and supply vessel would return from layup, and start a contract with an undisclosed client.

The shipowner said the initial term would be for one year, plus fours six month options. The vessel will be deployed in the North Sea, and will work for an “international client”.

The contract starts in July.