DESSC acquires three newbuild contracts

Offshore staff

SINGAPORE -- Deep Sea Supply has entered into agreements to build three newbuilds.

The orders include a platform supply vessel (PSV) to be built in Norway and two anchor-handling tug and supply (AHTS) vessels to be built in Singapore. The PSV is to be delivered in May 2008, followed by the AHTSs in Dec. 2008 and March 2009.

The total value of the newbuild contracts is approximately $100 million.

9/10/2007