Deep Sea Supply has been awarded three new time charter contracts for operations in Egypt by BP Egypt. The PSV Sea Swift has been awarded a 2 years firm plus 1 year option contract, while the PSVs Sea Spear and Sea Spark have been awarded 1 year firm plus 1 year option contracts.
All three vessels are expected to commence operations early 3Q 2016. Sea Swift is owned by Deep Sea Supply through one of its 100% owned subsidiaries, while Sea Spark and Sea Spear are owned 50% by Deep Sea Supply through the joint venture DESS BTG.