Ultra Deep scores hat-trick with another charter win

Business & Finance

Ultra Deep Solutions has been awarded a charter contract for one of its vessels for work in the Gulf of Mexico. 

Ultra Deep said on Tuesday it had entered into a major charter contract for its diving support and construction vessel (DSCV) Lichtenstein for three years plus multiple one year options.

The Lichtenstein will finish a contract in the Middle East and head directly over to the Gulf of Mexico, South America, Caribbean area, the company said.

The Lichtenstein is an MT Norwegian design and built to DNV-GL. The vessel comes with Twin Bell 18 men saturation system 300 msw and Twin 18 men SPHLs. It has a 140 t AHC crane to 3000 msw. The 1300 m2 main deck has ample room for flexible reel laying.

Ultra Deep CEO, Shel Hutton, commented: “This was our third major contract award for one of our ships in December. We always knew the end of 2017 was going to be the turning point in the oil down turn.”

Namely, Ultra Deep in December won a five-year contract for its DSCV Van Gogh and a four-year contract for the DSCV Picasso.

Hutton added: “This pretty much solidifies what we were thinking all along. We now look for major signings of new vessels in 2018 to add to our growing fleet.”