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Deep Sea Supply notes sliding income from ships

Earnings from offshore carrier Deep Sea Supply's 25 PSV supply vessels dove big-time in May.

Photo: Siem Offshore

Spot rates for supply vessels in the offshore industry continue to decline as more carriers are idling vessels.

An update from Deep Sea Supply Shows that the carrier in May achieved an average income per vessel for its entire fleet of 25 PSVs, Platform Supply Vessels, of USD 14,300 per day, compared to USD 17,400 in April.

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