Miclyn Express Offshore Limited (MEO) is an investment holding company. The Company operates a crewed vessel charters and a shipyard business. It operates in eight segments: offshore support vessels, crew/utility vessels, tugs, barges, coastal survey vessels, third party vessels, project pipe transportation and shipyard services. MEO provides service vessels to offshore oil and gas industry, across South-East Asia, Australia and the Middle East. The Company charters a range of offshore support vessels (OSVs), crew/utility vessels, tugs, barges and coastal survey vessels to a range of customers operating across all phases of the offshore oil and gas cycle, such as exploration, development and production, as well as project transportation and the offshore civil construction industry. In April 2013, an investor Group, comprised of SEA6 Ltd and CHAMP Marlin Holdings Ltd, raised its stake to 75.2% from 59.2% by acquiring a 16% stake in MEO.
