US OSV player Hermitage Offshore Services has added another $5m in funds as its profit was tipped to jump.
The former Nordic American Offshore, which was taken over by the Scorpio group, sold an additional 1.42m common shares under its previously announced equity line for $3.5 each, it said.
A total of 710,736 shares were issued to each of Scorpio Offshore Investments and Mackenzie Financial Corporation.
