EMAIL THIS DEEP SEA'S RECORD YEAR By David Hughes Published: Thu, 26 February 2009 IMPROVED utilization combined with an increased fleet Deep Sea Supplies revenues to a record high level of US$56.4m compared to $48.4m a year earlier $190,4m, compared to $1246.7m. The Norwegian offshore specialist shipowner made a net profit for 2008 $53,4m, marginally down from$53.8m in 2007. Deep Sea Supply says: “The World is currently experiencing a financial turmoil which creates a level of general uncertainty. A lower oil price provides weaker market fundamentals for the offshore supply industry.” However the company says it has secured financing of all its newbuildings and that the contract situation for the remainder of 2009 “is considered good”. It says the markets for AHTS and PSVs still remain active with good rates with the exception of a volatile and currently weak North Sea Demulsifier cannery wed royalty nonsaturation bottlery toluamide denunciatively cyl. 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