$MarcoPolo Marine(5LY.SI)$ Maybank Securities analyst Jarick Seet has kept his “buy” call with a higher target price of 11 cents from 9 cents previously, as he sees “a great few years ahead” for the company.

$MarcoPolo Marine(5LY.SI)$ RHB Singapore has reaffirmed its BUY rating on Marco Polo Marine Ltd (MPM), raising its target price to SGD0.10, representing a potential 15% upside. The report highlights MPM’s strong growth momentum, driven by its expanding fleet—including two new AHTS vessels that will bring its total to 21 by FY26—and a robust SGD100 million orderbook across oil & gas and offshore wind projects. Supported by upgraded FY26–27F earnings forecasts of 8–10% and an excellent ESG score of 3.1, MPM continues to strengthen its position in the regional marine and offshore services market.

$MarcoPolo Marine(5LY.SI)$ go go go! reported SG$100 million worth of ship chartering orders as of June 30, according to a Wednesday filing with the Singapore Exchange.

$MarcoPolo Marine(5LY.SI)$  

$MarcoPolo Marine(5LY.SI)$   Continue to perform.... Marco Polo Marine announced, on April 17, that its maiden commissioning service operations vessel (CSOV) is scheduled for delivery in September. The CSOV will be deployed in Taiwan for a Vestas project in early October 2024. The CSOV, which measures 83 metres long and can accommodate up to 110 people, will be the first such vessel to be designed in Asia. The news comes after Marco Polo Marine 5LY 2.94% unveiled its plans to build, own and operate a CSOV in September 2022, in a bid to meet the increasing demand from vessels to support the offshore wind farm industry in Asia. Marco Polo Marine’s Taiwan-based subsidiary, PKR Offshore Co., Ltd, signed a framework agreement with Vestas Taiwan

$MarcoPolo Marine(5LY.SI)$ hold

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