Marco Polo Marine

CEO Sean Lee says company is riding growth momentum and hiving off shipyard business to Fuji Offset in RTO to fund expansion

Marco Polo Marine’s CEO Sean Lee talks to BT’s Ben Paul about the group’s pivot to the wind energy sector, imminent corporate action involving its key units, and what current geopolitical tensions mea...

The heavy trading also follows the group’s announcement of a 9% increase in H1 earnings to S$11.6 million

It involves the charter of one emergency tug boat or salvage vessel

The capital injection enhances its balance sheet and provides financial flexibility for growth initiatives, says the group

Revenue rises 27% to S$32.8 million as group expands ship chartering operations

The group previously said it would finance the project through internal cashflows and not require any project-specific debt

For its second half, profit jumps 348% to S$47.9 million, from S$10.7 million previously

This is attributed to a combination of stronger underlying performance and several extraordinary gains