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Deep Sea Supply

Deep Sea Supply is a shipowner and operator of several Anchor Handling Tug Supply vessels and Platform Supply Vessels and has an extensive new building program. The delivery of the new buildings will be in the period 2007 to 2009.

The Company intends to become one of the leading owners and operators of supply vessels on a global basis. Deep Sea Supply Plc will primarily seek to obtain and maintain a chartering profile with emphasis on the spot and short-term contract markets for the large AHTS vessels operating in the North Sea and in other areas of the world. For the PSVs and the small AHTS vessels, Deep Sea Supply Plc will seek to obtain medium to long term contracts.

The current fleet of vessels currently operates in the North Sea spot market, West Africa, the West Indies and South East Asia.