Friday, April 8, 2011

Otto Marine rated 'neutral' by DMG

Stock Name: Otto Marine
Company Name: OTTO MARINE LIMITED
Research House: DMG

DMG & Partners Securities in an Apr 7 research report says: "Otto Marine (OM) has entered into a sales agreement to sell its Norwegian design MT6009 MKII DNV Class Platform Supply Vessel(PSV) for US$31.5 million (US$39.8 million) to Mermaid Maritime Australia.

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