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    Mermaid Offshore Services to acquire new support vessel

    Vessel & ROV News // December 12, 2007

    Singapore-listed Mermaid Maritime PCL has announced that its subsidiary, Mermaid Offshore Services Ltd has signed a contract with Singapore's Jaya Shipbuilding & Engineering Pte Ltd for the construction of a support vessel for $26.4 million.

    The new vessel is expected to allow the company to cater to the expected increase in demand for offshore subsea services in the oil and gas industry in Southeast Asia.


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