Oslo-listed Deep Sea Supply has confirmed it plans to add 10 new platform supply vessels (PSVs) to its balance sheet by the end of the next quarter, which will take its global fleet of offshore support vessels (OSVs) to 40 units.

The owner says it is aiming for “overall reduced leverage” without revealing a specific plan for capital expenditure (capex). Some analysts are pointing to a potential equal split on equity and debt, with a “best guess” of around $38m per ship, or about $380m in total capex with $190m in new debt.

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