Mermaid Marine Australia announces 63% increase in net profit

The Directors of Mermaid Marine Australia (MMA) have announced a 63 percent increase in net profit after tax (NPAT) to US$18 million for the six months ended December 31 2009.

The Brunswick Corporation has reported its results for the fourth quarter of 2009.They show only doom and gloom in the leisure sector. For the fourth quarter of 2009, the company reported net sales of US$657.3 million, down from US$837.7 million a year earlier.

Lamprell has received two significant new contract awards from Fred Olsen Windcarrier worth US$320.4 million. Each contract award is for the design, construction and delivery of a Gusto MSC NG-9000 design self elevating and self-propelled offshore wind turbine installation vessel.

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