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Mermaid Maritime back on course

Steady income from strong order book, long-term charters

AFTER two years of losses in 2010 and 2011 and numerous top management changes, Mermaid Maritime Plc (Mermaid) appears to be back on course with a steady income from an order book of US$650 million and long-term charters for both its offshore drilling and sub-sea divisions. With many of the long