FinTechFunding

MMA Offshore: Secures three wind contracts in Taiwan

  • Marine services provider MMA Offshore (MRM) has secured three new offshore wind contracts in Taiwan
  • These contracts have firm periods totalling 270 days and additional option periods totalling 118 days
  • Under the contracts, MMA will supply its MMA Pride, MMA Crystal and MMA Responder vessels
  • The contracts are expected to increase the company’s revenue by $7 million
  • Operations for the MMA Pride and MMA Crystal are scheduled to begin in April with the MMA Responder for later in June
  • MMA is up 3.17 per cent on the market and shares are trading at 32.5 cents
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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