Mermaid is pleased to advise that its newbuild DP2 vessel Mermaid Sapphire was successfully launched from the slipway into the water at 23:20 hrs on 07 August 2009 at Jaya Shipbuilding & Engineering Pte. Ltd.'s shipyard in Batam, Indonesia.
The launching represents a significant step towards the completion of the vessel scheduled for delivery to Mermaid within the fourth calendar quarter of 2009. The Mermaid Sapphire is a 63-meter DP2 vessel to be equipped with a full suite of remote intervention equipment for sub-sea and ROV survey. Mermaid had previously announced the purchase of this vessel on 06 December 2007 via SGXNET.