DMT Inks Long Term Agreement for Ocean Pioneer

Deep Marine Technology, Inc. has signed a long term lease agreement for the 4 point Ocean Pioneer anchor vessel. The Ocean Pioneer is a 205ft, US Flagged vessel with:

--30,000lb A-frame

--1 Port & 1 Starboard A-frame (5,000lb utility; 3,120lb man rated)

--14,000lb Petibone Pedestal Crane

--Skagit RB 90 waterfall winch with (4) 5,000ft anchor cables --Accommodations for 38

Ideally suited for Pipeline Construction and Pipeline Abandonment works, the Ocean Pioneer joins the 220ft Agnes Candies and the 150ft Mother Theresa Diving Support Vessels in DMTs fleet.

We are currently selling time slots for all vessel spreads during periods that are not committed.

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