Deals Counterparts

Marco Polo Marine

company 1 Deal 6 Partners

Singapore-based marine logistics company established in 1991, operating a fleet of offshore support vessels and a shipyard in Batam, Indonesia. It provides services for the offshore oil and gas, and increasingly, the offshore wind farm industries across Southeast Asia.

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Founded 1991
Marine Logistics & Offshore Services ProviderOperatorEPC ContractorDeveloper

Strategic Overview

  • Strong pivot towards the offshore wind sector, particularly in Asia, by investing in specialized vessels like Commissioning Service Operation Vessels (CSOVs).
  • Leveraging existing marine logistics and shipbuilding expertise to enter and support new energy markets.
  • Maintaining presence in traditional oil & gas sector while actively diversifying into renewable energy infrastructure support.

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Deal Activity from Public Sources

Marco Polo Marine secures charter contract for new Commissioning Service Operation Vessel (CSOV) with Vestas for offshore wind farms in Taiwan
Partnership Offshore Wind Taiwan March 2024 with Vestas
Marco Polo Marine secures charter contract for its second Commissioning Service Operation Vessel (CSOV) with a leading European renewable energy company for offshore wind farms in Taiwan
Partnership Offshore Wind Taiwan February 2024
Marco Polo Marine secures charter contract for its first Commissioning Service Operation Vessel (CSOV) with a leading renewable energy company for offshore wind farms in Taiwan
Partnership Offshore Wind Taiwan November 2023
Marco Polo Marine signs Memorandum of Understanding (MOU) with Ocean Winds for potential collaboration in offshore wind projects in Asia
Joint Venture Offshore Wind Asia Pacific July 2023 with Ocean Winds

Investment Focus

Technologies
Offshore Wind1
Geography
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Key People

Sean Lee
CEO
Tan Wee Meng
CFO

Track Record

33
Years Active
Notable projects: Development of Commissioning Service Operation Vessels (CSOVs) for offshore wind

Detailed Analysis

Technologies
Offshore WindOil & GasMarine LogisticsShipbuilding & Repair
Sectors
Energy TransitionTransportPorts
Geographies
SingaporeIndonesiaTaiwan (3 deals)JapanSouth KoreaVietnamMalaysiaThailandAsia Pacific (1 deal)Australia/NZ
Deal Stage
GreenfieldOperatingBrownfield

Subsidiaries

Marco Polo Shipyard Pte LtdMarco Polo Offshore Pte Ltd

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