Back 16 Apr 2025

Mermaid Maritime to acquire four remote operated vehicles for EUR11 mil ​  

Link: https://links.sgx.com/1.0.0/corporate-announcements/0WKSI4M33CS2T8NK/887fe09bcc992690a0c20019a0aa9bdc0f43201a8f4cfdf872b3b3bc4f0c9ebf

Summary: Mermaid Maritime will acquire four newbuild work-class remote operated vehicles (WROVs) from Argus Remote Systems AS for EUR11 million. The WROVs, scheduled for delivery in 3Q2025, will enhance Mermaid Maritime’s operational capabilities for subsea projects.