Slowly but surely, Swire Pacific Offshore has built up a significant orderbook of new and unquestionably high-spec vessels. The company has had vessels trading in the North Sea since the 1980s and 1990s, not to mention Pacific Blade, which has periodically traded the spot market since 2005. However, the company’s main focus areas of late have been Asia-Pacific and Australasia, so the recent announcement that it had acquired Seabed AS – owner and manager of the Seabed Worker, and bas....

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