Deep Sea Supply wins charters for four vessels

Business & Finance

Cyprus-headquartered Deep Sea Supply has announced multiple contract awards with “an international major subsea contractor” for a total duration of approximately 1000 vessel days.

Sea Spider

The three PSVs of PX105 design “Sea Spider”, “Sea Springer” and “Sea Spark” have been awarded contracts for ten, ten and four months, respectively.

The AHTS “Sea Lynx” has been awarded a contract to be performed in two phases; first phase 40 days and second phase 250 days. The contracts are expected to start in November 2014 for the three PSVs and phase 1 for “Sea Lynx” and May 2015 for phase 2 for “Sea Lynx”.

In addition to the firm periods described, the contracts also contain option periods. The PSVs “Sea Spark”, “Sea Spider” and “Sea Springer” are 50% owned by Deep Sea Supply Plc through Deep Sea Supply BTG BV, and the AHTS “Sea Lynx” is 100% owned by Deep Sea Supply Plc.

The company did not reveal the name of the client nor the value of the charters.

[mappress]
September 23, 2014