Australia’s Mermaid Marine Group looks to have its eye on the purchase of platform supply vessels (PSV) as it targets a $30m placement.
The Fremantle-based owner reckons now is a “good time to purchase vessels” as it seeks to expand its presence in international offshore support vessel markets.
Mermaid Marine Australia is looking to sell of 11.6 million fresh shares to raise AUD 30m ($29.87m).