Mermaid Maritime targets North Sea market
- Business & Finance
Thailand’s offshore vessel operator Mermaid Maritime has incorporated a subsidiary in the UK with an intention to provide its services in the North Sea.
Mermaid said on Sunday that it had incorporated an indirect wholly owned subsidiary, Mermaid Subsea Services (UK) Limited (MSS UK), in the United Kingdom on February 7, 2020.
The company intends to use MSS UK as a vehicle to expand the provision of its subsea and related services into the North Sea sector.
The subsidiary is 100% held by Mermaid Subsea Services (Thailand) Limited, which is in turn wholly owned by Mermaid Maritime.
Mermaid said that the incorporation of MSS UK was funded using internal resources.
Spotted a typo? Have something more to add to the story? Maybe a nice photo? Contact our editorial team via email.
Also, if you’re interested in showcasing your company, product, or technology on Offshore Energy Today, please contact us via our advertising form where you can also see our media kit.