Topaz signs long-term charter agreement with Reach Subsea

Topaz Energy and Marine has signed a long-term agreement with Reach Subsea under which Reach will charter the newbuild subsea vessel Topaz Tiamat.

Topaz will immediately initiate the vessel’s mobilisation including minor upgrades from its current position in Norway for a mid-February delivery to Reach for the firm two-and-a-half-year charter, with three yearly options thereafter.

Topaz Tiamat is a 1,000-square-metre, diesel-electric light subsea construction vessel with 82 pax accommodation and an AHC 120-tonne subsea construction crane.