Fremantle-based MMA Offshore has announced a lift in interim revenue and profit, but its shares slumped today on a lower dividend and predictions of a weaker second half.
Singaporean based Marine Contracting has announced it has set up shop in Western Australia, citing growing demand driven by the construction of large liquefied natural gas projects.
Fremantle-based Mermaid Marine Australia will seek to change its name at the company's AGM next month, following acquisition of all Singaporean listed Jaya Holdings' subsidiaries in June.
Global investment bank Pareto Securities has opened its first office in Perth, with plans to supply bond finance to resources companies based in Australia.
Mermaid Marine Australia has agreed to purchase the subsidiaries of Singapore-based marine services provider Jaya Holdings for $S625 million ($550 million), in an all-cash deal which represents one of the largest acquisitions by a Western Australian company in recent years.
