
Marco Polo Marine Plans Shipyard Spin-Off
Marco Polo Marine plans to separate and list its shipyard business through a proposed reverse takeover transaction valued at up to S$139.0 million.

Marco Polo Marine plans to separate and list its shipyard business through a proposed reverse takeover transaction valued at up to S$139.0 million.

Marco Polo Marine has secured a 15-year charter in Taiwan through PKR Offshore to provide emergency towing and salvage services in territorial waters and offshore wind farm areas from Q2 2026.

Marco Polo Marine raised EUR 14 million through a private placement to support offshore wind expansion, vessel investment and project growth across Asia.

Marco Polo Marine will add two new AHTS vessels worth US$34 million to its fleet by 2026, enhancing capabilities in offshore oil & gas and wind energy sectors.
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