We are pleased to announce that we have received a Letter of Intent
for a time charter of a period of 150 days plus options for the AHTS
vessel "Sea Bear" or a sister vessel. The charterer is ENI Oil de
Brasil Ltda and area of operation is Brazil. The contract value (net
of Brazilian taxes) including compensation to shipowner for
mobilization/demobilization of the vessel is approximately  USD 10
mill. for the firm charter period.
14.01.2009
Deep Sea Supply Plc


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