HIGHLIGHTS 1Q12 Soft Revenues in 1Q 2012 as expected: Technical modification, and Relocation of vessels for long term charters Continued good cost control and reduced operating expenses from 1Q 2011 17 of 24 vessels on long term…
SHARE PRICE DEVELOPMENT AND SHARE TURNOVER Share price and total return* since listing (DESS + DESSC) 2012 average monthly volume and turnover velocity Close Price Total Return 8,0% 120 40 7,0% 35 100 Traded shares per…
INCOME STATEMENT 1Q 2012 1Q12 (Unaudited figures in USD 1,000) 1Q 12 1Q 11 Operating revenue 21 411 23 960 Vessel operating expenses (14 325) (19 833) Operating lease 0 (1 684) Other gains 138 68 Gain on sale 1 122 2 733 Other operating…
AREA OF CURRENT OPERATION Office PSV AHTS 5
CASH FLOW STATEMENT 1Q12 (Unaudited figures in USD 1,000) 1Q 2012 1Q 2011 Cash flows from operating activities Cash generated from operations 5 252 (6 555) Net cash generated from operating activities 5 252 (6 555) Cash flows…
SHAREHOLDERS 1Q12 The largest shareholders as per 4th May 2012 registered in VPS Citizen No. of shares: % HEMEN HOLDING LIMITED CYP 44 583 853 35,11% SKAGEN KON-TIKI NOR 12 229 431 9,63% PERESTROIKA AS NOR 6 350 000 5,00% DNB NOR…
7 NEW LONG TERM CHARTER CONTRACTS IN 2012 1Q12 New contracts Vessels Charterer Term Commencement Sea Brasil BP 3Y + 1+1+1Y August 2012 Sea Fox Petrobras 4Y + 4Y option June 2012 Sea Jackal Petrobras 4Y + 4Y option June 2012 Sea Vixen…
CONTRACT BACKLOG 1Q12 Contract backlog Deep Sea Supply fleet* Vessel Type Vessels on Long Term Contracts Value AHTS 7 of 14 Vessels USD 232M PSV 9 of 9 Vessels USD 193M Total 16 of 23 Vessels USD 425M *Excluding Sea Weasel, which…
CHARTER STATUS 2012 Vessel Trading Area AHTS Vessels Q1 Q2 Q3 Q4 Sea Lynx North Sea North Sea Spot Sea Bear North Sea North Sea Spot Sea Tiger W.Africa/North Sea North Sea spot Sea Panther Brazil Statoil Sea Leopard Brazil…
FLEET LIST & CHARTER STATUS AS PER MAY 2012 Vessel Type Bhp/Dwt Year Built Trading Area 2012 2013 2014 AHTS Vessels Q2 Q3 Q4 Sea Lynx KMAR 404 15 000 BHP 1999 North Sea North Sea Spot Sea Bear KMAR 404 15 000 BHP 1999 North Sea…
NEWBUILDING DELIVERY Vessel No Vessel Yard Type Bhp/Dwt Expected Delivery PSVs PRO-28 Sea Brasil STX OSV Niteroi S.A. STX PSV 09 CD 4700 DWT July 2012
AGE DISTRIBUTION CURRENT FLEET AND ORDER BOOK AHTS PSV Vessel 20 years: 29,7% of total fleet Vessel 20 years: 20,1% of total fleet Vessel 30 years: 10,7% of total fleet Vessel 30 years: 9,1% of total fleet 300 250 200 No…
THE RIG AND SUPPLY MARKET 1Q12 Supply vessels Total fleet AHTS PSV Existing fleet 2 540 1 482 1 058 Orderbook 399 16% 147 10% 252 26% Average age 12,3 12,7 11,8 Rig market Total fleet Semis/drillships Jackups Existing fleet…
PREPARED FOR GROWTH 1Q12 Good mix between long term contracts and spot exposure Improved utilization, revenues and visibility Last year, the Company established in-house technical and crew management organizations Improved market…
presis 360 COMPANY ADDRESSES Cyprus Deep Sea Supply Plc John Kennedy Ave., Iris House, 7th Floor, Office no.740B Limassol 3100 Cyprus Deep Sea Supply Management (Cyprus) Ltd P.O.Box 53340 CY-3302 Limassol Cyprus Norway Deep Sea…
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