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Marco Polo Marine Ltd. ( (SG:5LY) ) has shared an update.
Marco Polo Marine Ltd. has secured a landmark S$198 million contract to build a 4,000 gross tonne oceanographic research vessel for Taiwan’s National Academy of Marine Research. This project, the largest in the company’s history, highlights Marco Polo Marine’s expertise in specialized vessel construction and is expected to enhance its industry positioning significantly.
More about Marco Polo Marine Ltd.
Marco Polo Marine Ltd. is a regional integrated marine logistics company known for its advanced capabilities in specialized vessel construction. The company operates a shipyard in Batam, Indonesia, and provides engineering and commercial support from Singapore.
Average Trading Volume: 28,757,770
Technical Sentiment Signal: Buy
Current Market Cap: S$386.4M
For an in-depth examination of 5LY stock, go to TipRanks’ Overview page.