The American offshore giant McDermott has for the second time chosen Erria’s subsidiary, Mermaid Maritime Vietnam, as a supplier in the form of an order for just over 4 million DKK. At the same time, the Japanese container shipping company ONE has just extended their contract with Erria’s subsidiary, Cathay Seal, for the sealing of containers for the next two years.
Erria thus strengthens both its pipeline and customer base and maintains its 2025 guidance.
In October of this year, the American offshore contractor McDermott, a leading supplier of global energy infrastructure with activities in over 30 countries and approximately 30,000 employees, approached Mermaid Maritime Vietnam by recommendation, which resulted in an initial order of 6 million DKK.
Now, just 7 weeks after the news of the first order, McDermott has chosen to place their second order with a value of just over 4 million DKK.
“This second contract with McDermott shows that Erria continues to convert new customer relationships into repeated orders. It confirms the quality of our solutions and our ability to meet the demands of large international energy and offshore companies,” says Henrik N. Andersen, CEO of Erria.
Erria’s subsidiary headquartered in Singapore, Cathay Seal, has entered into a new two-year agreement with the Japanese container shipping company Ocean Network Express (ONE) for the production of seals for the shipping company’s fleet of 260 vessels with a total capacity of 2 million TEU.
The new agreements strengthen the group’s overall commercial foundation and contribute to increased visibility in the pipeline for 2026.
Guidance for 2025 remains unchanged. Guidance for 2026 will be published in the first quarter of 2026 ahead of the annual report, which is expected to be published on March 25, 2026.
-mauh
