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Marco Polo Marine expects to weather the storm of potential shipping slowdown

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Yong Jun Yuan

Yong Jun Yuan

Published Tue, Jan 24, 2023 · 05:50 AM
    • Marco Polo Marine shifted its focus from oil and gas companies to merchant vessels as shipping boomed amid the Covid-19 pandemic.
    • Marco Polo Marine shifted its focus from oil and gas companies to merchant vessels as shipping boomed amid the Covid-19 pandemic. PHOTO: YONG JUN YUAN

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    AT FIRST glance, Marco Polo Marine’s shipyard in Batam, Indonesia, appears to be deserted.

    When The Business Times visited the facility on Jan 16, two bulker carriers and a ferry were parked in their respective drydocks.

    But as a siren wailed through the air around noon, about 1,000 workers began filing out of the shipyard to take their lunch breaks.

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