Dubai-based Topaz Energy and Marine has inked a long-term charter for one of its new subsea vessels.

Norway's Reach Subsea has fixed the 3,000-dwt Topaz Tiamat for two and a half years, with three 12-month options.

The ship will be handed over to Reach in mid-February after some minor upgrades.

The vessel is one of two sisterships due from Vard in Norway in November and December this year.