deepwater

[deep-waw-ter, -wot-er]
adjective
having, requiring, or operating in deep, water: deepwater shipping; deepwater drilling for oil.

Origin:
1785–95; deep + water

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Based on the Random House Dictionary, © Random House, Inc. 2014.
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Example sentences
With no deepwater port, this was a backwater economy.
When it comes to hauling up the bounty, sophisticated deepwater excavator bots
  are still expensive to purchase outright.
The cost of deepwater drilling is close to twice that in shallow water.
Deepwater cages offer cleaner, more freely circulating ocean water and natural
  food, which can yield tastier fish.
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