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Mermaid Maritime PCL (MMPC.SI)

MMPC.SI on Stock Exchange of Singapore

0.14SGD
20 Oct 2017
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$-0.00 (-1.40%)
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Latest Key Developments (Source: Significant Developments)

Mermaid Maritime secures contract extension for subsea services in Middle East
Monday, 25 Sep 2017 06:13am EDT 

Sept 25 (Reuters) - Mermaid Maritime Pcl :Mermaid secures key contract extension for subsea services in Middle East.Contract extension, worth approximately US$96 million.Contract extension duration is for a firm one year plus a one-year option.  Full Article

Mermaid Maritime secures contract in Middle East
Thursday, 14 Sep 2017 06:05am EDT 

Sept 14 (Reuters) - Mermaid Maritime Pcl :Secures contract award for submarine cable survey in Middle East.Contract for US$7 million.  Full Article

Mermaid Maritime says Seadrill & units have filed prearranged chapter 11 cases in court
Thursday, 14 Sep 2017 06:02am EDT 

Sept 14 (Reuters) - Mermaid Maritime Pcl :Seadrill & certain units have filed prearranged chapter 11 cases in court together with a agreed restructuring plan.AOD & units are excluded from Seadrill's filing & expected to continue operations in interim while restructuring talks continue.AOD and its unit did not file chapter 11 cases, and business operations are expected to be largely unaffected by Seadrill's chapter 11 filings.Refers to announcement by Seadrill on 12 Sept 2017 announcing a comprehensive restructuring plan.AOD and units received, as part of Seadrill restructuring agreement, a benefit of temporary waiver and forbearance from default.  Full Article

Mermaid Maritime says units have been awarded 3 subsea contracts
Wednesday, 6 Sep 2017 06:39am EDT 

Sept 6 (Reuters) - Mermaid Maritime Pcl ::Business units have been awarded 3 subsea contracts in South East Asia & Middle East for US$12 million.  Full Article

Mermaid Maritime PCL posts qtrly profit attributable of $3.6 mln
Friday, 11 Aug 2017 07:25am EDT 

Aug 11 (Reuters) - Mermaid Maritime PCL :Qtrly profit attributable $3.6 million versus $7.7 million.Qtrly total revenues $44.9 million, down 10.8 percent.  Full Article

Mermaid Maritime secures contract award in Singapore
Thursday, 3 Aug 2017 06:04am EDT 

Aug 3 (Reuters) - Mermaid Maritime Public Co Ltd () :Mermaid secures pipeline repair air-diving contract award in Singapore.Unit has recently been awarded a subsea contract with an estimated value of usd 5 million..  Full Article

Mermaid Maritime awarded 2 subsea contracts with of $4.6 mln
Friday, 21 Jul 2017 06:06am EDT 

July 21 (Reuters) - Mermaid Maritime PCL :Recently been awarded two subsea contracts with a combined estimated value of USD 4.6 million.  Full Article

Mermaid Maritime says its South East Asian business units have been awarded subsea contracts
Thursday, 15 Jun 2017 06:20am EDT 

June 15 (Reuters) - Mermaid Maritime Pcl ::Announces that its south east asian business units have recently been awarded subsea contracts.Combined total estimated potential contract value of USD 4.3 million.  Full Article

Mermaid Maritime posts qtrly profit attributable $735,000
Monday, 15 May 2017 06:04am EDT 

May 15 (Reuters) - Mermaid Maritime Pcl :Qtrly total income $38.5 million versus $39.8 million.Qtrly profit attributable $735,000 versus $1.3 million.  Full Article

Mermaid Maritime says vessel under construction cancelled by mutual agreement
Wednesday, 7 Dec 2016 05:09am EST 

Mermaid Maritime Pcl : (Mermaid's Newbuild Subsea Vessel Under Construction Cancelled By Mutual Agreement) . mutually entered into a settlement agreement to terminate construction contract for vessel effective 6 december 2016 . Settlement also ensures that owner shall have no obligation to pay balance payment .us$ 124.8 million is balance of contract which would have been due to builder upon delivery of vessel pursuant to contract.  Full Article