OUR STRATEGY


The Company intends to become one of the leading owners and operators of supply vessels on a global basis. The company will primarily seek to obtain and maintain a chartering profile with emphasis on the spot and short-term contract markets for the large AHTS vessels operating in the North Sea and in other areas of the world. For the PSVs (Platform Supply Vessel) and the small AHTS vessels, Deep Sea Supply Plc will seek to obtain medium to long term contracts.

The Company’s primary aims are to meet the demand from the markets that require modern and advanced offshore vessels. The Company will focus on acknowledged Safety Standards developed during recent years within the Offshore Marine Industry worldwide and in particular in the North Sea area. The top management is dedicated to supervise that all personnel are well acquainted with HSE&Q standards and procedures, and all efforts will be made to ensure that each individual has the preferred attitude and behaviour with respect to safety matters and is carrying out the operations in accordance with best practices.

DESSC will actively consider investments in the perspective of providing financial returns to its shareholders. The Company will actively consider possibilities to participate in industry consolidation, mergers and acquisitions, and will position itself to be part of such consolidation. With the acquisition of the first shipbuilding contracts from Seatankers Management Co. Ltd, the Company took its first step towards industry consolidation.
The Company will actively use the capital market when doing investments, and does not intend to hold liquid reserves for significant investments. Retained earnings will, to the extent permitted under operational constraints, financial covenants and with due regard to appropriate working capital requirements, be paid out as dividends.