Mermaid Maritime Secures Projects Worth Up to $500 Million

MT Newswires

08/15

Mermaid Maritime (SGX:DU4) said it secured multiple projects worth between $430 million and $500 million, according to a Thursday filing with the Singapore Exchange.

Shares of the company were down nearly 1% in Friday trading.

The projects include delivery of services such as diving, inspection, repairs and maintenance of subsea cables through the company's vessels, the subsea service group said.

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