Thai subsea providers firm Mermaid Maritime has by means of its subsidiary Mermaid Subsea Oil and Gasoline Companies (MSOGS) secured a mortgage of as much as $10 million for the acquisition of Mermaid Sapphire ROV help vessel.
The mortgage settlement, SinoPac Capital Worldwide, will facilitate the reimbursement of Mermaid’s fairness used for the acquisition of the Mermaid Sapphire.
The Mermaid Sapphire is a DP2 remotely operated automobile (ROV) help vessel geared up with a deepwater work-class ROV, a 23-tonne knuckle increase crane and lodging for 60 personnel.
The vessel was in-built 2009 and is crusing beneath the flag of Panama.
