Deep Sea Supply Gets Time Charter LOI for 2 AHTS Vessels

Deep Sea Supply has received a Letter of Intent for a time charter for the AHTS vessels "Sea Ocelot" and "Sea Eagle 1" with an oil major for operations in South East Asia. The duration of the charter party is 6 to 8 months, starting May 1, 2009.

"Sea Eagle 1" is expected to be delivered from Jaya Shipbuilding & Engineering Ltd, Singapore, in April 2009.

The fixtures are made at very satisfactory terms.