• Mermaid Maritime entered a 50:50 joint venture with DS Global Offshore Engineering Singapore on June 5, 2026.
• JV targets reactivation and commercial development of Mermaid Commander, to be renamed DS Mermaid Commander.
• Mermaid will contribute the vessel; DS Global will fund and execute reactivation and repair work.
• Vessel transfer to the new JV, DS Mermaid Pte. Ltd., is expected in 3Q 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mermaid Maritime Public Company Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: TN0DT22M7V7Z0YGP) on August 11, 2026, and is solely responsible for the information contained therein.