The new CSOV, which can accommodate up to 110 persons, is currently under construction at Marco Polo Shipyard in Batam, Indonesia, and is expected to commence operations in the East China Sea in the second half of 2024.
Marco Polo Marine (SGX:5LY) has signed a three-year framework agreement with Vestas Taiwan for the deployment of its new commissioning service operations vessel (CSOV) across offshore wind farms in the Asia Pacific region.
This agreement finalises its prior landmark memorandum of understanding (MOU) in December 2022 between its Taiwan-based subsidiary PKR Offshore and Vestas for the maiden deployment of its new CSOV.

