Deep Sea Supply signs contract for two PSVs

Deep Sea Supply has announced contract for 2 years firm plus options with Statoil (U.K.) Ltd for the PSV "Sea Frost" for operations in the North Sea. Deep Sea Supply has also been awarded a 6 months firm plus options contract with same charterer for the PSV "Sea Spider". The options for both contracts are at Statoil (U.K.)'s discretion. Both vessels are expected to commence charter in July 2017. From commencement of the two new contracts Deep Sea Supply will have three vessels on term contracts with Statoil (UK). The vessel "Sea Falcon" commenced a 2 year firm plus options contract in November 2016.