Thailand's Mermaid Maritime has denied it has sold an elderly diving support vessel (DSV).
The company was responding to a media report claiming the 91-loa Mermaid Commander (built 1987) had gone to an unnamed buyer.
Mermaid said: "While the company has received interest from potential third parties in the vessel, such interests remain inconclusive and subject to further evaluation and approval by Mermaid’s board of directors.
"Furthermore, the reported estimated demolition value [$1.31m] is considered to be an inaccurate benchmark as it does not reflect the expected value of the vessel, if sold."
The company said the ship is equipped with a built-in 16-man twin-bell saturation diving system complete with a self-propelled hyperbaric lifeboat, a 60-ton crane and accommodation for 90 personnel.
It has "an outstanding reputation for performing of diving operations worldwide including offshore Brazil and the North Sea," it added.
"Mermaid is still evaluating its options with regards to the vessel."
