Deep Sea Supply Takes Delivery of Sea Angler PSV

Deep Sea Supply has taken delivery of the third in a series of eight platform supply vessel newbuilds from Cochin Shipyard in India. The vessel Sea Angler, a UT 755L Platform Supply Vessel, will go directly to Congo for a three (plus one) year time charter with ENI Congo as previously announced. Sea Angler is the fifth newbuilding delivered to Deep Sea Supply this year.

In connection with entering into longer term contracts, the Company is working to refinance some of its vessels in order to improve its dividend capacity.