Deep Sea Supply secures contracts

Cyprus-based Deep Sea Supply has won multiple contract awards with an international major subsea contractor covering about 1000 vessel days.  

The three paltform supply vessels of PX105 design Sea Spider, Sea Springer and Sea Spark have been awarded contracts for ten, ten, and four months, respectively. The anchor handling tug (AHTS) Sea Lynx has been awarded a contract to be performed in two phases; first phase 40 days and second phase 250 days.  

Contract start is expected to be 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 through Deep Sea Supply BTG, and the AHTS Sea Lynx is 100% owned by Deep Sea Supply.

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