Marco Polo Marine and Salt Ship teaming up for the building of CSOV Plus vessels
Marco Polo Marine Ltd Builds Advanced Offshore Vessel to Meet Market Demands
Marco Polo Marine Ltd, a regional integrated marine logistics company listed on the Mainboard of the SGX-ST since 2007, is set to demonstrate its advanced shipbuilding expertise and commitment to engineering excellence with the construction of the Commissioning Service Operation Vessel Plus (CSOV Plus) at its Batam facility.
Located in Batam, Indonesia, the shipyard occupies a total land area of approximately 34 hectares with a seafront of approximately 650 meters. The modern shipyard houses four dry docks, enhancing the Group's technical capabilities and service offerings.
The CSOV Plus project is a collaboration between Marco Polo Marine Ltd. (SGX:5LY) and Salt Ship Design AS. Salt Ship Design has been entrusted with the development of Marco Polo Marine's CSOV Plus concept, a design that promises unparalleled versatility in offshore wind and subsea markets.
The CSOV Plus is designed for enhanced safety and operational reliability, providing significant competitive advantages, exceeding customer expectations, and setting new industry standards for crew comfort and safety. The vessel integrates advanced wind farm support with other proven oil & gas related capabilities, making it a direct response to market demands for more versatile and efficient offshore assets.
The burgeoning offshore wind energy industry in Asia presents opportunities for Marco Polo Marine whose fleet can support the development of these projects. In fact, the company's chartering operations have diversified to include the support of offshore wind farm projects.
The CSOV Plus is expected to be built at the Batam facility and is designed with sustainable considerations for future operations. The vessel, once completed, is anticipated to set a new benchmark for offshore vessels in the region.
For more information about Marco Polo Marine and its operations, visit their corporate website at www.marcopolomarine.com.sg.
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