The news comes after Marco Polo Marineunveiled 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 to deploy the CSOV across offshore wind farms in the Asia-Pacific region for three years.
PKR Offshore secured a project finance loan from Bank SinoPac Taiwan for the CSOV project on April 15.
Shares in Marco Polo Marine closed at 6.8 cents on April 16.
