Marco Polo Marine Ltd.
0.09
USD
-0.01
(-7.52%)
Marco Polo Marine Ltd.
OTC:MRPMF
(OTC Markets)
Recent
price
0.09
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
SGD
•
in mil. unless spec.Working Capital
SGD
•
in mil. unless spec.Growth Rates
SGD
•
in mil. unless spec.Semi-annual Revenue
SGD
•
in mil. unless spec.Semi-annual Earnings Per Share
SGD
•
in mil. unless spec.Semi-annual Dividends Per Share
SGD
•
in mil. unless spec.- Similar Companies
- Business
- Marco Polo Marine Ltd. is a Singapore-based integrated marine logistics company engaged primarily in ship chartering, shipbuilding, and ship repair services. Founded in 1991 and headquartered in Singapore, the company operates two main business segments: Ship Catering Services and Ship Building and Repair Services. Its ship chartering segment provides charter hires of offshore supply vessels (OSVs), tugboats, and barges, primarily serving clients in offshore oil and gas, mining, commodities, construction, infrastructure, and land reclamation industries across Southeast Asia, including the Gulf of Thailand, Malaysia, Indonesia, and Taiwan. The shipbuilding and repair segment encompasses shipbuilding, ship maintenance, repair, outfitting, and conversion services conducted through its modern shipyard located in Batam, Indonesia, which features multiple dry docks and facilities tailored for mid-sized and sophisticated vessels. Recent major developments include the expansion of its offshore vessel fleet with the acquisition of two new anchor handling tug supply (AHTS) vessels and the commissioning of a new state-of-the-art Commissioning Service Operation Vessel (CSOV) to support offshore windfarm operations. The group has embraced a strategic shift towards renewable energy, highlighted by the acquisition of Taiwan-based PKR Offshore, a wind vessel operator, thereby strengthening its footprint in the offshore wind sector. Marco Polo Marine secured its largest-ever contract for the design and construction of an advanced 4,000-tonne oceanographic research vessel at its Batam shipyard, marking entry into specialized, high-value vessel construction. It also signed a three-year master service agreement with Cyan Renewables to service offshore wind vessels, underscoring its commitment to supporting sustainable energy solutions. Financially, the company reported a 170% increase in net profit for fiscal year 2025, driven by strong growth in its ship chartering division despite a slight decline in shipyard revenues. The company maintains a positive outlook supported by robust market fundamentals and several strategic investments. In summary, Marco Polo Marine Ltd. is an established regional player in marine logistics with operations spanning ship chartering of OSVs, tugboats, and barges, comprehensive shipbuilding, and repair services, and a growing presence in offshore wind energy vessel support. Its recent strategic expansions in fleet size, entry into specialized vessel construction, and focus on renewable energy sectors reflect a forward-looking growth trajectory in Southeast Asia and adjacent markets. The company is listed on the Singapore Exchange and continues to leverage its geographic positioning and operational capabilities to serve diverse marine transportation and offshore energy clients.