Deep Sea Supply enters new PSV deals

  • Business & Finance

Offshore supply vessel operator Deep Sea Supply has been awarded new contracts for four of its platform supply vessels (PSVs). 

Deep Sea Supply has been awarded a contract for 2 years firm plus 3 yearly options with Statoil in the UK for the 2013-built PSV Sea Falcon for operations in the North Sea. The company said that the vessel is expected to start the contract in the fourth quarter of 2016.

Furthermore, the 2013 and 2014-built PSVs Sea Frost and Sea Supra have been awarded 60 days and 90 days firm contracts, respectively, plus 120 days options for an international oil company for operations in Asia. The vessels started the charter contracts in mid-April 2016.

Lastly, Deep Sea Supply’s 2014-built PSV Sea Titus has been awarded 4 months firm plus 2 months options for an international oil company for operations in South America. The vessel started the charter contract on April 9, 2016.

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