Total Charters 'Sea Halibut' PSV

Deep Sea Supply has entered into a new charter with Total E & P Congo for "Sea Halibut"--the second PSV vessel delivered from Cochin Shipyard--for a period of 6 months (plus option of 3 + 3 months) from April 26, 2007.

The charter value for the firm period is approximately US$6.2 million, including the fee for mobilization and demobilization (net of withholding tax).

"Sea Halibut"` is expected to be delivered from Cochin Shipyard early May 2007. The AHTS vessel "Sea Bear" will hence be the forerunner until "Sea Halibut" arrives in Congo (expected approximately May 15, 2007).

For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit