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Deep Sea Supply fixes bareboat charters

Oslo: John Fredriksen controlled Deep Sea Supply has secured two long term bareboat contracts for the PSVs Sea Tortuga and Sea Triumph for operations in Australian waters.

The emerging Oslo listed player is increasingly active in Australian waters.

The two ships both are a part of a four-ship order at Cochin Shipyard which delivered last year.

The name of the charterer of the new ships was not announced. The statement informed however that the bareboat contracts are for 18 months firm plus 18 months option. Expected commencement of the bareboat charters is late March this year.

The company did a similar deal in September last year when it secured contracts for two sister supply ships from Sinopacific Shipbuilding .The two newbuildings – Sea Surfer and Sea Swan – are working on 270-day contracts worth a total of $11m for Chevron.

Deep Sea Supply is a Cyprus-based offshore supply company. The company operates a total of 26 Anchor Handling Tug Supply vessels and Platform Supply Vessels. The company paid $366m for 10 new supply vessels last June.

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Hans Thaulow

Hans Henrik Thaulow is an Oslo-based journalist who has been covering the shipping industry for the last 15 years. As well as some work for the Informa Group, Hans was the China correspondent for TradeWinds. He also contributes to Maritime CEO magazine. Hans’ shipping background extends to working as a shipbroker trainee with Simpson, Spence & Young in Hong Kong.
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