The company will sell $200m in a placement backed by Fredriksen’s Hemen Holding.

Another Fredriksen company, PSV Holding, is selling the 10 supply ships, in a deal announced earlier this year.

The price of the vessels is $366m.

Deep Sea is getting them at a 13% discount to broker valuations of $419m.

The purchase will increase the current fleet of the company from 30 to 40 vessels.

Deep