Marco Polo Marine secures buyer for first AHTSYard News // March 11, 2009
Marco Polo Marine Ltd has announced that it has secured a buyer for an AHTS currently being built at its shipyard at Batam for a contract value of US$15.5 million (about S$23.3 million).
The vessel is scheduled to be completed and delivered to the client by 30 September 2009.
Commenting on the sale, Mr Sean Lee Yun Feng, CEO of Marco Polo Marine, said: "The sale is a stamp of confidence by the buyer on our shipyard’s proficiency in delivering high value vessels. The completion and delivery of the 60m AHTS vessel built at our shipyard will mark a significant milestone for our group as we move up the ship building value chain.”