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

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

    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.

    Marco Polo MarineWind energyShipping

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