The new Dry Dock will generate income from the last business quarter of 2025 and have a contract for SG $ 5 million before the company.
Marco Polo Marine, a company based in Singapore that specializes in maritime logistics First repair contract for his new dry dock and to conclude an agreement Ship maintenance Long -term ship maintenance contract with cyan renewable energies.
The first contract for dry dock 4 strengthens regional demand
The most recent commissioning of Marco Polo's fourth dry dock, which is located on his shipyard in Batam, Indonesia, is already beginning to bear fruit. The company announced the allocation of its first ship repair contract for this new infrastructure with around $ 5 million in Singapore. The ship involved is expected to arrive at the end of August go through repairs for two months.
This company is an important step in the consolidation of the shipyard as a technical center for medium -sized ships and supports the growing need for overhaul and maintenance services in the region. The group expects this new Drydock to contribute directly to sales growth in the last quarter of the 2025 financial year.
The 3-year agreement with Cyan strengthens a sustainable approach
In addition to the opening contract ,, Marco Polo Shipyard Has signed a three -year frame contract with Cyan Renewables, a company that manages a fleet of ships Offshore wind projects Projects in Asia. This agreement includes extensive maintenance, repair and conversion services for offshore ships.
The alliance with Cyan Renewables positions the group as a relevant player in the ecosystem for clean energy. Clean energyThe alliance with Cyan Renewables positions the group as a relevant player in the Clean Energy Ecosystem and offers technical skills at a time of expanding the wind energy sector in the region. The fleet took part is the key to the construction and operation of offshore wind farmswhich connects the services of the shipyard directly to the global energy transition destinations.
Positive projections and diversification strategy
Since its IPO in 2007, the company has developed into a comprehensive offer that ranges from shipping charges to conversion and maintenance of naval units. The presence in markets such as Malaysia, Thailand, Indonesia and Taiwan enabled him to anticipate the technical requirements of maritime industry.
The recent expansion and contracts of the shipyard reflect a strategy that aims to diversify and sustainability. The company is supported by modern infrastructure and important partnerships and tries to consolidate its position as a leading provider of maritime logistics and technical services for the Asian offshore sector.
Source: Marco Polo Maritime
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