Mermaid’s Indonesian business unit PT Seascape Surveys Indonesia (Seascape) has entered into an additional one year charter-in contract for the DP2 multi-purpose support vessel (MPSV) Resolution.

Mermaid had continually chartered-in this vessel since December 2013 from Singapore-based Miclyn Express Offshore.

“The continued charter-in of this vessel until December 2017 comes at the back of anticipated continuing demand for subsea services in both Indonesia and the rest of the South East Asian region,” Mermaid noted.

This charter-in has already begun and is in direct continuation from its previous charter-in which expired this December 2016. The new deal also comes with a one-year extension option which, if exercised, would further extend the charter-in period through to December 2018.

The DP2 MPSV Resolution is a remotely operated vehicle and air diving support vessel. The vessel has been specially modified for subsea inspection, repair and maintenance duties and construction support tasks and is also capable of geophysical and geotechnical survey.