Deep Sea Supply PLC has through its subsidiary DESS Cyprus Limited entered into an agreement with Java Marine Lines Pte Ltd. for a 1 year firm bareboat charter
of a 10.800 BHP Anchor Handling Tugs Supply vessel
. The vessel is to be commissioned and delivered by Jaya Shipbuilding & Engineering Pte. Ltd. in Singapore in September/October 2007. Deep Sea Supply PLC has secured a purchase option at the end of the 1 year BB charter. Deep Sea Supply will
operate the vessel in Asia, Middle East and West Africa.