Marco Polo Marine has announced that its maiden commissioning service operations vessel (CSOV) is scheduled for delivery in September, with deployment in Taiwan for a Vestas project in early October 2024.
The 83-meter long ship, currently under construction at Marco Polo Shipyard in Batam, Indonesia, can accommodate up to 110 persons and will be the first CSOV to be designed in Asia. It will be equipped with a walk-to-work gangway, a 3D motion-compensated crane, and hybrid-based energy storage systems expected to reduce carbon emissions by up to 20%.
In September 2022, Marco Polo Marine unveiled plans to build, own, and operate a CSOV to meet the increasing demand for support vessels from the offshore wind farm industry in Asia.
PKR Offshore Co, the Group's Taiwan-based subsidiary, signed a Framework Agreement with Vestas Taiwan Co to deploy the CSOV across offshore wind farms in the Asia-Pacific region for three years.
PKR Offshore Co secured a project finance loan from Bank SinoPac Taiwan on 15 April 2024 for the CSOV project. This development marks a significant step forward in Marco Polo Marine's efforts to support the offshore wind farm industry in Asia.
