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Marco Polo - IPO
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Stocky901
Supreme |
13-Jul-2026 18:06
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Attracts only short sellers.. 🧐
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Sgvale
Supreme |
13-Jul-2026 14:01
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Good news but... | ||||
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Joelton
Supreme |
11-Jul-2026 14:01
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Marco Polo Marine inks pact with Siemens Gamesa for offshore wind vessels [SINGAPORE] Marco Polo Marine on Thursday (Jul 9) said it has secured a multi-year framework agreement with global turbine manufacturer Siemens Gamesa Renewable Energy to deploy two commissioning service operation vessels (CSOVs) in the Asia-Pacific region. A CSOV is a specialised offshore support ship used to build, commission and maintain offshore wind farms. They act as floating hotels and headquarters, which allows technicians to reside at sea for extended periods while accessing remote wind turbines. The agreement, executed through Marco Polo Marine&rsquo s offshore wind subsidiary PKR Offshore (PKRO), is scheduled to run for an initial two-year period starting in 2029. The contract includes an option to bring the start date forward to 2028, alongside options for multi-year extensions ranging from one to three years. Under the deal, PKRO will deploy the two upcoming CSOVs to support Siemens Gamesa&rsquo s offshore wind projects in Taiwan on a non-exclusive basis. Additionally, the two companies will collaborate to extend the fleet&rsquo s deployment to offshore projects in South Korea and Japan. Sean Lee, CEO of Marco Polo Marine, said: &ldquo Securing a multi-year framework agreement for our CSOVs, even ahead of the delivery of vessels, is a strong endorsement of our next-generation CSOV Plus and of PKRO&rsquo s track record in supporting offshore wind projects in Taiwan.&rdquo Fleet expansion To align with broader industry decarbonisation goals, the new vessels will be equipped with Siemens Energy&rsquo s BlueDrive PlusC hybrid propulsion system. The technology is designed to improve fuel efficiency, reduce emissions and enable cleaner offshore operations. The agreement establishes a demand pipeline for Marco Polo Marine as it pivots its chartering operations to support the nascent but growing Asian offshore wind energy sector, said the company. The company&rsquo s offshore wind fleet is undergoing a phased expansion. For a start, PKRO&rsquo s first CSOV, the MP Wind Archer, has been deployed on a charter contract in Taiwan since April 2025. A second unit, dubbed the CSOV Plus, is being built at the company&rsquo s 34 hectare shipyard in Batam, Indonesia, with delivery targeted for the second quarter of 2028. Purpose-built for dual-sector operations in offshore wind and oil and gas, it is billed as the group&rsquo s most advanced support vessel to date. A third CSOV unit is in the planning phase. The partnership bolsters Siemens Gamesa&rsquo s regional supply chain amid growing demand for offshore wind infrastructure in Asia. Radoslaw Rams, head of project management for offshore Asia-Pacific at Siemens Gamesa, said that the agreement strengthens the company&rsquo s offshore execution capabilities and secures reliable solutions for clients across Taiwan and the wider Apac market. Shares of Marco Polo Marine rose 2.4 per cent to close S$0.003 higher at S$0.129 on Thursday. |
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sgtrader
Senior |
10-Jul-2026 10:19
Yells: " Earn the right to WITHDRAW consistently." |
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piscesmonkey
Supreme |
26-Jun-2026 15:23
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Close green? Let go short buy in | ||||
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chiachiawee
Elite |
26-Jun-2026 15:05
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Golden cross. Of all stock corrections, this is the one that doesn' t cost me a sweat. Well, not so much for others, too, but at least it totally doesn' t bother me. Have faith. cheers. | ||||
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piscesmonkey
Supreme |
26-Jun-2026 15:03
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Big short cover soon
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piscesmonkey
Supreme |
26-Jun-2026 15:02
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Sure go up above 140 next week hit double bottom
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piscesmonkey
Supreme |
26-Jun-2026 14:56
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Dow future turn green amd chiong up liao next week above 140 | ||||
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piscesmonkey
Supreme |
26-Jun-2026 12:57
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Today close 136? Next week above 140 | ||||
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Grubber
Elite |
26-Jun-2026 12:05
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false Q at 136
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piscesmonkey
Supreme |
26-Jun-2026 11:40
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Start to rebound next week will go sbove 140
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kye_lin
Master |
26-Jun-2026 10:04
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Afternoon might be another selldown... | ||||
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piscesmonkey
Supreme |
26-Jun-2026 10:02
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 Strong rebound next week |
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piscesmonkey
Supreme |
26-Jun-2026 09:42
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Wow hit support ay 132/133 and also overoversold liao next week will start to reboubd | ||||
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piscesmonkey
Supreme |
26-Jun-2026 08:50
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Today recover back above 140?
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kye_lin
Master |
25-Jun-2026 16:51
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I bought 136. Next week Huat! | ||||
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piscesmonkey
Supreme |
25-Jun-2026 16:46
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Bought 135 and 136 tmr above 140
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piscesmonkey
Supreme |
25-Jun-2026 11:41
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 oversold anytime will strong rebound back above 140 like addvalue |
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positiv
Senior |
18-Jun-2026 16:28
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The selling looks likely to continue till end of June. So far easily more than 25% wiped out from recent highs | ||||
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