This week’s $282m deal by Daya Offshore Construction to purchase two of its chartered-in vessels means the subsea newcomer is delivering on its recent promise to become a shipowner — but the price also shows a hefty 29% gain on seller Siem Offshore’s investment.

As secondhand sales of these type of high-spec vessels are fairly rare, the transaction is a positive sign for asset values at other Norwegian owners with extensive subsea exposure, such as Solstad, DOF, Olympic Shipping, Rem Offshore, Boa Offshore, Island Offshore and others.

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