After the 1962 Christmas holidays, "Sea Owl" departed for the Caribbean to take part in the second phase of operation "Springboard" including antisubmarine warfare exercises and visits to Puerto Rico and the Virgin Islands. Immediately following, she was engaged in a two-week antisubmarine warfare exercise with surface and air units of the Royal Canadian Navy in the vicinity of Bermuda. In April 1963, she participated in Exercise "New Broom XI" with joint forces of the United States and Canada. The remainder of the year consisted of submarine school operations and training exercises in the New London area.