Miclyn Express Offshore (MIO) is a maritime service vessel operator that listed in 2010. The company has been operating since 1970 providing service vessels to the offshore oil and gas industry in South-East Asia, Australia, the Middle East, and the North Sea. The group chartered and planned to charter a total of 115 vessels in 2009. The fleet is composed of offshore support vessels and crew/utility vessels and barges that support particularly the offshore development, and production industry. The demand for services are directly correlated to the oil and gas market.
Shares on Issue: 271,700,000
Current Market Capitalisation: $475,475,000