Topaz Acquires MSV

July 5, 2010

Topaz Marine recently confirmed the acquisition of the Multipurpose Support Vessel (MPSV) Ocean Commander in . The vessel has been renamed Topaz Commander and joins Topaz Marines’ fleet of around 100 vessels. Built in 1999 in Myklebust as a 84 m UT 745 Platform Supply Vessel (PSV), the addition of a 50t knuckle boom crane makes the Topaz Commander a highly competent MPSV. She is classed as a DP2 vessel and features twin thrusters aft, a tunnel thruster and drop azimuth forward. At 4,263 DWT and 840 sq. m. of clear deck space, Topaz Commander is among the largest vessels in Topaz’s fleet.

Topaz Commander will immediately commence work under a contract with ADAMS Offshore Services Limited in . The vessel acquisition was financed in part through a term-loan facility with Standard Chartered Bank.

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