“I think they just got a really good deal and maybe Topaz is expecting to have a couple of slow years for these ships once they are delivered. That’s debatable but the last thing we need is more ships in any offshore segment.”

A broker questions the wisdom of another order in the flat-lining offshore sector.

Topaz takes long-term bet with Norway subsea order

“If another 40 vessels go into layup and if part of those are anchor handlers, then we may get closer to a more balanced market.”