Deep Sea Inks Charter Contract with Eni for Sea Halibut

Deep Sea Supply Plc has entered a 1 year firm time Charter contract for the Platform Supply Vessel, Sea Halibut, with ENI North Africa for operations in Libya.

The charter can be extended to three years if all options are exercised. The contract value for the firm 1 year term is Euro 6.9 million. Commencement is early October.

The vessel will move from Angola after expiry of the current charter and go via Malta for upgrading to FiFi1 (approximately 14 days job) and then straight to Libya for commencement of charter.

All Deep Sea's delivered Platform Supply Vessels are now on long term charter contracts.