Delta SubSea Strengthens its Position in the IMR Market by Securing New Build Olympic Delta Vessel with International Capabilities

Montgomery, Texas, May 11, 2015 - Delta SubSea, LLC (‘DSS’) has entered into an agreement with Olympic Shipping AS for the Olympic Delta, a newly built Multipurpose Subsea Support & Construction Vessel. The Olympic Delta is a GREEN Vessel designed according to DNV class, with high focus on reduced fuel consumption, which also means lesser emission to the environment. The vessel is equipped with two Delta SubSea Schilling HD 150 HP work-class remotely operated vehicles (ROVs) from DSS’s fleet.

“We’re thrilled to announce the addition of a second vessel to our growing line up,” said Scott Dingman, DSS’s President – CEO. “The Olympic Delta will extend our growth in the international market place by allowing Delta SubSea to better cater to our clients deepwater IMR and construction needs.”

The 94 m long, Olympic Delta, has a maximum speed of 13 knots and is equipped with an 80 T (AHC) crane with 2,000 m of wire. The vessel also comes equipped with 3 bow thrusters designed for working in high currents and a 6 m x 6 m moon pool for construction work. The Olympic Delta has one ROV hangerdeck area and two WROV LARS located on the starboard and port sides of the vessel. The vessel is equipped with Kongsberg K-Master DP control and navigation equipment and has 52 staterooms for 80-man POB.

For more information about Delta SubSea and its best-in-class subsea solutions, please visit: www.deltasubsea-rov.com.