Mermaid Recharters DSV for Indonesia Ops

Mermaid Maritime’s Indonesian business unit, Seascape, has entered into a one-year charter-in contract with Nusa Perkasa Permai for a DP2 dive support vessel, the DSV Mermaid Nusantara.

Formerly known as ‘Windermere’, the vessel comes with a 15 man built-in saturation diving system and air diving system, 120 beds and a 50 ton crane. The vessel will undertake inspection, repair, and maintenance contracts as well as performing saturation diving for construction support, ongoing field maintenance and call out repair.

Mermaid had previously chartered-in this vessel and deployed the vessel to support its subsea projects in 2015. The re-chartering of this vessel comes at the back of anticipated continuing demand for subsea services in both Indonesia and the rest of the South East Asian region.

The vessel is expected to be delivered to Seascape in August 2016. This charter also comes with a one-year extension option which, if exercised, would extend the charter through to July 2018.

Mermaid has already secured subsea contracts worth circa USD 10 million that will utilize this vessel for a scheduled duration of approximately 70 days.