Deep Sea Supply Enters Charter Contracts for Two AHTS Vessels with Petrobras, Brazil

Deep Sea Supply today reported that it has entered  long term charter contracts with Petrobras, for the two AHTS vessels Sea Cheetah and Sea Jaguar, for operations in Brazil.

The contract period is 4 year firm plus 4 year option. Total net value of the firm period is in excess of USD 100 mill.

The contracts are expected to commence in January 2012.

Deep Sea Supply Plc is a ship owner and operator of a substantial number of Anchor Handling Tug Supply vessels (AHTS vessels) and Platform Supply Vessel (PSV) and the Company has an extensive new building program. The delivery of the new buildings will be completed within 2012.

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WMN Staff, November 15, 2011; Image: Deep Sea Supply