This is a floating instrument platform used for oceanographic research. Is it sinking or is it meant to look like this?

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This is a floating instrument platform used for oceanographic research. Is it sinking or is it meant to look like this?

The first new player to comment on the website with the correct answer wins a free drink at their next iQ Trivia quiz.
It is supposed to look like that. It can easily go from land to wherever the research is required, and then go vertical to enable people to get down to where the work is done.
Actually it makes it less vulnerable to heavy waves.