Deep Sea Supply Agreements With Norway and Singapore

Deep Sea Supply, a public quoted company listed on the Oslo Børs, has entered into agreements with Norway and Singapore on September 10, 2007 for the acquisition of three new build contracts at a total price of approximately US$100 million.
The deal is for one VS470 MKII platform supply vessel built in Norway with expected delivery in May 2008, and two 12,000-bhp anchor handling towing supply vessels built in Singapore with expected deliveries in December 2008 and March 2009.

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