Deep Sea Supply PSV Newbuild Complete

The Sea Bass, a newly built platform supply vessel, has traveled from Cochin Shipyard, India, to Deep Sea Supply. A UT 755L Platform Supply Vessel, the vessel was delivered on time and budget.

The vessel is the fifth delivery in a series of eight newbuilding PSVs delivered to Deep Sea Supply from Cochin.

Sea Bass will go directly to Libya for a two-year charter with ENI Libya. The total value of the contract is in excess of U.S. $19 million. The agreed terms represent a payback time of approx. 3 years based on the vessel's cost price.