Mermaid, Tan Cang establish Vietnamese offshore JV

March 5, 2024
Mermaid Maritime has formed a 50:50 joint venture company in Vietnam with Tan Cang Offshore Services.

Offshore staff

BANGKOK, Thailand — Mermaid Maritime has formed a 50:50 joint venture company in Vietnam with Tan Cang Offshore Services.

Tan Cang Mermaid Subsea Services Co. will offer ROV services, vessel chartering, transportation and installation (T&I) support, and subsea services.

The co-venturer, formed in 2021, is a provider of offshore vessel chartering, ROV services, ocean towage and salvage, dredging, subsea services and T&I, and offshore decommissioning.

It is a member of Saigon Newport Corp.

03.05.2024

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