Mermaid Marine Australia changes name

Singapore: Australian offshore firm Mermaid Marine Australia has received shareholder approval to change its name to MMA Offshore.

The change follows the company's $550m takeover earlier this year of Jaya, a Singapore-based offshore vessel operator and shipbuilder.

MMA wanted to avoid any confusion and conflict with Thailand's Mermaid Maritime, which provides subsea and drilling services for the offshore oil and gas industry and is listed on the Singapore Exchange. [18/11/14]

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