$MARCO POLO MARINE LTD.(5LY.SI-To The Moon - Tiger Brokers Online Investing Community - To The Moon

$MARCO POLO MARINE LTD.(5LY.SI)$

Marco Polo unveiled new designs for wind farm service vessels in March this year and said it has since received keen interest from offshore wind turbine makers and offshore windfarm developers.

“We observed that the industry continues to grapple with a CSOV shortage globally and charter rates continue to surge as well as the need to combat climate change. It is a giant leap forward for the offshore maritime industry and we are optimistic about the ability to meet the rising demand for this vessel type with the deployment of its own CSOV in 1Q 2024 tentatively,” stated Sean Lee, CEO of Marco Polo Marine, adding that new announcements will follow once the company has secured charter contracts for the vessel.

Singapore payers are increasingly joining the offshore wind arena as the demand for specialised vessels continues to grow. Earlier this month, infrastructure investment manager Seraya Partners launched a pure-play offshore wind farm vessel player Cyan with the aim of investing $1bn into the business over the next three years.

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Comments

AaronJe
2022-10-09
AaronJe
I have hold $MARCO POLO MARINE LTD.(5LY.SI)$ for a while
PapaSierraK
2022-10-10
PapaSierraK
no wrong or right... just ownself decide. [Cool]
Meet0
2022-10-09
Meet0
As for the market trend goes, I will sell 5LY.SI
extractoi
2022-10-09
extractoi
This stock definitely will be a good buy
YTGIRL
2022-10-09
YTGIRL
Singapore stocks will never let you down
JesseRW
2022-10-09
JesseRW
Marco Polo is my hero

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It is a giant leap forward for the offshore maritime industry and we are optimistic about the ability to meet the rising demand for this vessel type with the deployment of its own CSOV in 1Q 2024 tentatively,” stated Sean Lee, CEO of Marco Polo Marine, adding that new announcements will follow once the company has secured charter contracts for the vessel.</p> <p>Singapore payers are increasingly joining the offshore wind arena as the demand for specialised vessels continues to grow. 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It is a giant leap forward for the offshore maritime industry and we are optimistic about the ability to meet the rising demand for this vessel type with the deployment of its own CSOV in 1Q 2024 tentatively,” stated Sean Lee, CEO of Marco Polo Marine, adding that new announcements will follow once the company has secured charter contracts for the vessel.</p> <p>Singapore payers are increasingly joining the offshore wind arena as the demand for specialised vessels continues to grow. Earlier this month, infrastructure investment manager Seraya Partners launched a pure-play offshore wind farm vessel player Cyan with the aim of investing $1bn into the business over the next three years.</p> <img src=\"https://community-static.tradeup.com/news/7e1d0cf4f5c748e6bb53c86437e9e15b\" tg-width=\"780\" tg-height=\"470\"></body></html>","text":"$MARCO POLO MARINE LTD.(5LY.SI)$ Marco Polo unveiled new designs for wind farm service vessels in March this year and said it has since received keen interest from offshore wind turbine makers and offshore windfarm developers. “We observed that the industry continues to grapple with a CSOV shortage globally and charter rates continue to surge as well as the need to combat climate change. It is a giant leap forward for the offshore maritime industry and we are optimistic about the ability to meet the rising demand for this vessel type with the deployment of its own CSOV in 1Q 2024 tentatively,” stated Sean Lee, CEO of Marco Polo Marine, adding that new announcements will follow once the company has secured charter contracts for the vessel. Singapore payers are increasingly joining the offshore wind arena as the demand for specialised vessels continues to grow. 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