Mermaid Maritime

SINGAPORE (June 14): Mermaid Maritime says its Indonesian business unit PT Seascape Surveys Indonesia has entered into a one-year charter-in contract with PT Nusa Perkasa Permai for a DP2 dive support vessel (DSV), the Mermaid Nusantara.

SINGAPORE (June 10): CIMB is keeping its “add” recommendation for subsea and drilling services provider Mermaid Maritime, but cutting its target price to 16 cents from 23 cents previously.

SINGAPORE (June 7): Mermaid Maritime announced it has clinched six subsea contracts worth US$15 million ($20.3 million).

SINGAPORE (June 3): Following Otto Marine’s June 2 announcement that it might receive an acquisition offer from a yet-to-be-named party, CIMB has drawn up a list of other names in the offshore and marine space that will likely figure in various other co

SINGAPORE (May 30): Mermaid Maritime shares are trading 1% higher at 10.4 cents compared to a 0.08% rise in the benchmark Straits Times Index.

SINGAPORE (May 27): Mermaid Maritime, the provider of subsea and drilling services, on Friday announced it has reached an agreement with builder China Merchants Industry Holdings to postpone the delivery dates for its new assets currently under constructi

SINGAPORE (May 25): DBS Vickers is reiterating its “fully valued” call on Mermaid Maritime and maintaining its target price at 9 cents, stating that the subsea and drilling services provider’s earnings are set to deteriorate.