Integrated marine logistics company Marco Polo Marine has announced that its Indonesian subsidiary, Marcopolo Shipyard, has ventured into green ship recycling, to help shipowners recycle their end-of-life ships.
In a Jan 5 press release, the company states that it has been awarded the permit by local authorities to conduct ship recycling activities and has also become the first shipyard in Indonesia to be certified and awarded the ISO 30000:2009 certificate by ABS Quality Evaluations (QE).
“Given the growing interest in sustainability by the shipping industry, we are excited to expand our shipyard services to include green ship recycling. With the ISO certification by ABS QE, ship-owners can be assured that their vessels are recycled in safe and environmentally sound facilities,” says Sean Lee, Marco Polo Marine’s CEO.
Marco Polo Marine principally engages in shipping and shipyard operations, including ship repair and maintenance and ship building.
As at 9.34am, shares in Marco Polo Marine is up 0.1 cents or 3.57% higher at 2.9 cents.
Cover photo: Marco Polo Marine
