Q1 Q2 Q3 Q4 Q310 Deep Sea Supply Plc 10th of November 2010 Presentation
Q3 highlights Financial performance Many long term charters increases visibility Vessel revenues reduced compared to previous quarter mainly due to relocation costs and a weak spot market Market Vessel values…
Q3 Time to pursue growth Newbuild Deep Sea Supply fleet development ( of vessels per end of each year) Targeting Existing fleet growth 31 29 29 29 27 1 7 5 9 17 20 28 24 20 22 6 14 6 7 2005 2006 2007 2008…
Q3 Deep Sea Supply Plc Deep Sea Supply Plc (or the Company) is an offshore supply company with a modern fleet of Anchor Handling Tug Supply vessels (AHTS) and Platform Supply Vessels (PSVs). The parent company is based in Cyprus and…
Q3 Share price and total return Total Return Price 40 35 30 YTD 2010 average monthly volume and turnover velocity 25 NOK per share 160 8% 20 Traded shares per month / Average shares outstanding 140 7% 15…
Q3 Q310 Segment information - Area of Operations The segment results for the period ended 30 September 2010 is as follows: North / South Unallocated North Sea Africa Asia / Australia America Mediterranean items Total Segment…
Q3 Q310 Segment information - Type of Vessel The segment results for the period ended 30 September 2010 is as follows: Unallocated AHTS PSV items Total Segment revenues 63,561 31,448 0 95,008 Vessel operating expenses -39,739…
Q3 Q310 CASH FLOW STATEMENT Period ended 30 Sep (Unaudited figures in USD 1,000) 2010 2009 Cash flows from operating activities Cash generated from operations 32,070 101,788 Net cash generated from operating activities 32,070…
Q3 BALANCE SHEET (Unaudited figures in USD 1,000) 30.09.10 31.12.09 30.09.09 Liabilities Borrowings 476,502 471,599 471,692 CIRR loan 46,019 49,374 51,387 Deferred gain 48,758 53,057 85,492 Other long term liabilities 78 79…
Q3 SHAREHOLDERS THE LARGEST SHAREHOLDERS AS PER 05 NOVEMBER REGISTERED IN VPS Citizen No. of shares: % HEMEN HOLDING LIMITED CYP 44,583,853 35.14% SKAGEN KON-TIKI NOR 11,096,000 8.75% PERESTROIKA AS NOR 6,350,000 5.01% DNB NOR…
Q3 Improved contract coverage Long term charter parties in Brazil & Congo 4 + 4 year contract with Petrobras in Brazil for 5 PSVs 3 + 3 year contract with Petrobras in Brazil for 2 AHTS 2 year contract renewal with ENI in Congo…
Q3 Fleet list & Charter Status as per 5 november 2010 Vessel Type Bhp/Dwt Year built 2010 2011 2012 2013 AHTS Vessels 4Q 1Q 2Q 3Q 4Q Sea Lion AHTS Havyard 842 17520 BHP 04.11.08 Shell Egypt Sea Tiger AHTS KMAR 404 15000 BHP 1998…
Q3 Newbuilding Delivery Vessel no Vessel Yard Type Bhp/Dwt Expected Delivery AHTS Vessels 271 Sea Fox ABG AHTS Seatech P-729 6800 BHP Dec 10 272 Sea Jackal ABG AHTS Seatech P-729 6800 BHP Jan 11 273 Sea Badger ABG AHTS…
Q3 age distribution current fleet and order book Supply fleet by building year 450 400 350 300 250 Number of units 200 150 100 50 0 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974…
Q3 The rig and supply market seems to be in balance Existing fleet vs. orderbook ( of vessels) 2291 Observations Good balance between newbuilding programs in rig and OSV sector Still almost 700 OSVs more than 20 years…
Q3 2nd Quarter 2010 19
Deep Sea Supply Group Contact information www.deepseasupply.no Cyprus Norway Singapore Brazil Deep Sea Supply Plc Deep Sea Supply Management AS Deep Sea Supply Management (Singapore) Pte.Ltd. Deep Sea Supply Servicos Maritimos LTDA John…
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