Deep Sea Supply is an international operator of offshore supply vessels. It operates nine

anchor handling tug supply vessel Anchor Handling Tug Supply (AHTS) vessels are mainly built to handle anchors for oil rigs, tow them to location, and use them to secure the rigs in place. AHTS vessels sometimes also serve as Emergency Response and Rescue Vessels (ERRVs) and a ...

s (AHTS) and two

platform supply vessel A platform supply vessel (PSV) is a ship specially designed to supply offshore oil platform, oil and gas platforms and other offshore installations. They typically range from in length and are distinguished by the large open deck area used to st ...

s (PSV). 17 ships are under construction. The main office is located in

Arendal Arendal () is a List of municipalities of Norway, municipality in Agder counties of Norway, county in southeastern Norway. Arendal belongs to the Districts of Norway, region of Southern Norway, Sørlandet. The administrative centre of the munici ...

Norway Norway, officially the Kingdom of Norway, is a Nordic countries, Nordic country located on the Scandinavian Peninsula in Northern Europe. The remote Arctic island of Jan Mayen and the archipelago of Svalbard also form part of the Kingdom of ...

though the company is officially headquartered in

Cyprus Cyprus (), officially the Republic of Cyprus, is an island country in the eastern Mediterranean Sea. Situated in West Asia, its cultural identity and geopolitical orientation are overwhelmingly Southeast European. Cyprus is the List of isl ...

and listed on the

Oslo Stock Exchange Oslo Stock Exchange () (OSE: OSLO) is a stock exchange within the Nordic countries and offers Norway's only regulated markets for securities trading today. The stock exchange offers a full product range including equities, derivatives and fixed ...

History

Deep Sea Supply ASA was created in 2005 and listed on the Oslo Stock Exchange to build up a portfolio of

North Sea The North Sea lies between Great Britain, Denmark, Norway, Germany, the Netherlands, Belgium, and France. A sea on the European continental shelf, it connects to the Atlantic Ocean through the English Channel in the south and the Norwegian Se ...

and international operating supply vessels. The first acquisition was six AHTSs from Tidewater the same year, followed the next year by the purchase of an order of 22 newbuilding contracts from Sea Tankers Management. Two additional ships were also bought in 2006. The same year the

-registered company Deep Sea Supply Plc was created to move the companies assets from Norway to Cyprus. Deep Sea Supply is largely institutionally owned company that trades on the Oslo Bors. The largest owning interest in the company is Hemen Holdings. Hemen is a holding company that is owned by Norwegian Shipping Tycoon John Fredrikson. In June 2017, Deep Sea Supply merged with

Farstad Shipping Farstad Shipping () is a publicly listed auxiliary ship, supply shipping company with its corporate headquarters in Ålesund, Norway. The company has approximately 2,200 employees, of which 1,965 are employed offshore. Farstad Shipping focuses ...

and Solstad Offshore to create

Solstad Farstad Solstad Offshore () is a Norwegian offshore service and supply ship shipping company that operates 89 vessels and including 26 construction service vessels, 21 anchor handling tug supply vessels and 42 platform supply vessels. The company is ...

References

Shipping companies of Norway Supply shipping companies Transport companies established in 2005 2005 establishments in Norway {{Norway-shipping-company-stub