Mermaid Maritime has seen its second quarter net profit more than halved from that of a year ago, figures released by the company show.
Thai-backed offshore vessel operator said net income was $3.6m versus the $7.7m seen in the corresponding period in 2016.
Revenues for the three months were lower by 10.4% year-on-year to $44.4m. This was partially offset by a 7.7%
