Ultra Deep Solutions Inks DSCV Picasso Charter Deal

Ultra Deep Solutions has gone into a long-term charter for the DSCV Picasso.

The vessel is the sister ship of the Lichtenstein.

This is a DNV GL class 120 m x 25 m vessel and comes with an 18 men 300 msw Twin Bell, Twin 18 men SPHLs.

The vessel will go on contract Q1 2018 in the Americas. It will pass through Singapore to load on 2 WROVs and will go directly on a 4-year contract with options.

UDS CEO, Shel Hutton, said: “We’ve signed the Picasso to a long-term contract in the America’s area. Our goals still remain the same, to bring good products to our clients at a competitive price. The market continues to recover quickly and the oil majors are looking for value.”