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Marco Polo Marine heads toward a greener path: RHB | Hellenic Shipping News Worldwide

RHB Group Research analyst Jarick Seet has kept his “buy” rating on Marco Polo Marine (MPM) with the same target price of 4 cents, in light of the company’s increased proclivity towards expanding and diversifying towards a greener initiative. According to Seet, MPM has been actively looking into renewable energy projects– a step beyond the ...
Jarick Seet Service Operation Vessel Group Research Marco Polo Marine Operation Vessel

Singaporean Partners to Develop Two New Drone-Equipped Offshore Wind Service Vessels

Singapore-based Marco Polo Marine and Seatech Solutions International will co-develop two new vessels for the offshore wind industry: a Service Operation Vessel (SOV) and a Commissioning Service Operation Vessel (CSOV), for which the companies say will be the first SOV and CSOV designed in Asia.
Service Operation Vessel Seatech Solutions International Singapore Based Marco Polo Marine Commissioning Service Operation Vessel Operation Vessel Marco Polo Marine

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MOL Group to Install Simulator with Dynamic Positioning System at MOL Head Office

Mitsui O.S.K. Lines, Ltd. and MOL Marine & Engineering Co., Ltd. announced that a Dynamic Positioning (DP) Simulator with a Dynamic Positioning System (DPS) will be installed on the ground floor of the MOL Head Office in June. This is the group’s first adoption of a DP simulator in addition to a shiphandling simulator that ...
Kawasaki Shi Mitaka Shi Akinori Abe National Maritime Research Institute Nautical Institute Marine Engineering Co Ltd

ESVAGT turns 40 and heads towards new markets

ESVAGT has been servicing the energy sector since 1981 and has set the standard for safety and support at sea. Today, the shipping company consists of 42 vessels and over 1,100 employees, and ESVAGT has just entered the growing American offshore wind energy market to play its part in the green transition. ‘We were certain that we could make a positive difference to safety at sea.’ That’s how Ole Andersen, ESVAGT’s first director, explains why he, Kent Kirk and Henning G. Kruse chose to ...
United States United Kingdom North Sea Oceans General Great Britain Peter Lytzen

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