Marco Polo Marine unit anchors $118m Taiwan offshore wind charter
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Marco Polo Marine Ltd’s subsidiary, PKR Offshore Co., Ltd., has secured a 15-year charter contract valued at $118 million from Taiwan's Marine Port Bureau. This contract is part of the Offshore Wind Farm Emergency Towage and Salvage Services Procurement Project, involving the charter of an emergency tug or salvage vessel. PKRO will provide emergency towing and salvage services in Taiwan's waters, with operations expected to commence in Q3 FY2026. Revenue from the contract will be recognized evenly over the contract period.
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Source: Singapore Business Review The copyright of this article belongs to the original author/organization.
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