FEBRUARY 14, 2013 — As we reported earlier, DOF Subsea has entered into a long-term charter agreement with Harvey Gulf International Marine for the newbuild DPII Multipurpose Construction Vessel, the Harvey Deep Sea. The four year charter agreement will commence upon delivery of the vessel from Easter Shipbuilding, Panama City, FL, in June 2013.

In a stock exchange announcement, DOF Subsea notes that the vessel is the only newbuild Jones Act compliant construction vessel available to the market until the latter part of 2015.

DOF Subsea says that since 2010, "DOF Subsea North America has experienced strong growth in capability and market recognition, delivering to the DOF Subsea Group important and challenging projects using the existing Atlantic fleet. This charter is an integral part of DOF Subsea's planned expansion strategy as a global service provider for the deep-water offshore Survey, IMR and Construction market"