Marco Polo Marine’s MP Wind Archer Clinches Prestigious ‘Offshore Energy Vessel of the Year’ Award

Key Highlights for Investors

• MP Wind Archer Wins Major Industry Award: Marco Polo Marine Ltd. (SGX:5LY) announced that its Commissioning Service Operation Vessel (CSOV), the MP Wind Archer, has won the coveted Offshore Energy Vessel of the Year Award 2026 at the Annual Offshore Support Journal (OSJ) Conference, Awards & Exhibition held in London.
• Industry Recognition & Validation: The accolade is a strong validation of the vessel’s world-class design, construction quality, and operational excellence. It underscores the company’s technical prowess and reputation in the marine logistics and offshore vessel sector.
• Strategic Asset Ownership: The MP Wind Archer is owned by PKR Offshore Co. Ltd., an indirect subsidiary of Marco Polo Marine in which the company holds a 49% stake. This implies a direct contribution to Marco Polo Marine’s financials and asset portfolio.
• Robust Shipbuilding Capabilities: The successful construction of the MP Wind Archer was made possible by Marco Polo Marine’s extensive shipyard in Batam, Indonesia. Spanning approximately 34 hectares with a 650-metre seafront, this facility is one of the largest in the region and is strategically located near Singapore for seamless operational support.
• Support for Green Transition: The award signals Marco Polo Marine’s growing expertise in supporting the renewable energy sector, specifically the transition to a greener blue economy. The MP Wind Archer is currently chartered by Vestas in Taiwan, playing a pivotal role in the Asia-Pacific offshore wind energy supply chain, which is a rapidly growing market.
• Next-Generation Vessel Development: Following the MP Wind Archer’s success, Marco Polo Marine is moving forward with development of its second CSOV, the CSOV Plus. This new vessel will be the first of its kind designed from the keel up for dual operations in both the offshore wind and oil & gas sectors, representing a significant expansion opportunity.
• Collaboration with Industry Leaders: The CSOV Plus is being developed in partnership with renowned Norwegian naval architects, Salt Ship Design AS, further boosting confidence in the vessel’s international competitiveness and innovation.
• CEO Statement: CEO Mr. Sean Lee highlighted that this win is a testament to the company’s engineering and operational excellence, and reaffirms their commitment to delivering sustainable, top-tier assets for the global offshore wind industry.

Strategic & Financial Relevance for Shareholders

• Potential Share Price Impact: The international recognition of MP Wind Archer is likely to enhance Marco Polo Marine’s brand reputation, positioning it as a leader in the offshore wind logistics sector. This could drive increased contract wins, especially as the Asia-Pacific offshore wind industry is at a nascent but rapidly expanding stage.
• Diversification of Revenue Streams: The Group has strategically diversified beyond traditional oil & gas chartering to include support for offshore wind farm projects. This diversification into the renewable sector could reduce earnings volatility and attract ESG-focused investors.
• Fleet and Shipyard Strength: Marco Polo Marine’s Batam shipyard not only supports its own fleet but provides shipbuilding, maintenance, repair, outfitting, and conversion services for third parties. With four dry docks and the capability to handle mid-sized, sophisticated vessels, the shipyard is a core asset for future growth.
• Charter Contracts in Growth Markets: The MP Wind Archer’s current charter with Vestas in Taiwan highlights the company’s active involvement in the Asia-Pacific offshore wind market—one of the fastest growing segments in global renewables.
• Expansion Pipeline: The development of the CSOV Plus for dual-sector operations addresses both the renewable and oil & gas markets, opening up new business opportunities and potential revenue streams.

About Marco Polo Marine

Listed on the Mainboard of the SGX-ST since 2007, Marco Polo Marine is a regional integrated marine logistics company with principal operations in shipping and shipyard management. Its shipping business involves chartering offshore support vessels (OSVs) across the Gulf of Thailand, Malaysia, Indonesia, and Taiwan, as well as providing tugboats and barges to clients in mining, commodities, construction, and infrastructure industries.

The Group’s shipyard in Batam, Indonesia, is a major asset, supporting shipbuilding, maintenance, repair, outfitting, and conversion services. This facility houses four dry docks and caters to mid-sized and advanced marine vessels, underpinning the Group’s technical and operational capabilities.

For more information, investors may visit: www.marcopolomarine.com.sg

Investor Relations Contact

For further information or queries, contact:
Emily Choo
Email: [email protected]
Mobile: +65 9734 6565

Disclaimer: This article is provided for informational purposes only and does not constitute investment advice. Investors should perform their own due diligence and consult professional advisors before making investment decisions. The information contained herein is based on publicly available sources and company disclosures as of the date of publication. No liability is accepted for any loss arising from reliance on this article.

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