Marco Polo Marine has added two new Anchor Handling Tug Supply (AHTS) vessels to its fleet, bringing its offshore fleet to a total of 21 vessels.
The combined value of the two vessels is US$34 million, and is expected to join the fleet in 2026.
Marco Polo Marine says that these new vessels are designed to primarily support oil & gas activities in the Southeast Asian region. They are also capable of being deployed to Northeast Asia to support offshore wind farm projects, subject to opportunities.
AHTS 1 will be 71% owned by Marco Polo Marine’s indirect subsidiary Pelayaran Nasional Bina Buana Raya. It has a length overall (LOA) of 60.8 metres, a breadth of 16 metres, a bollard pull of 80 tonnes, and 6,000 brake horsepower (BHP). It features Dynamic Positioning (DP2) and Fire Fighting Class 1 capabilities, says the group.
AHTS 2 will be Singapore-registered, and will be a larger vessel at LOA 76 metres, a breadth of 18.5 metres, a significant bollard pull of 135 tonnes, and 10,800 BHP. It is also equipped with DP2 and Fire Fighting Class 1 systems.
Shares in Marco Polo Marine closed 0.1 cents lower or 1.299% down at 7.6 cents on Sept 24.