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    Mermaid Maritime invests in ROVs

    Vessel & ROV News // March 10, 2009

    Mermaid Maritime Public Company Limited has announced thatitswholly owned subsidiary, Mermaid Offshore Services Ltd, hasentered into sale and purchase agreements with Aquanos Ltdfor the purchase of twoTriton XLX class ROVs.

    The purchase also includes the assignment of a client contract for one of the ROVs.

    The total consideration for the transaction iS 3.7 million.

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