Marco Polo Marine Ltd. (SG:5LY) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Marco Polo Marine Ltd. is gearing up to deliver its first Asia-designed Commissioning Service Operations Vessel (CSOV) for a Vestas project in Taiwan this October, after securing a project finance loan for the vessel from Bank SinoPac Taiwan. The innovative vessel, which boasts eco-friendly features like a hybrid-based energy storage system to cut emissions by 20%, highlights the company’s commitment to supporting the offshore wind farm industry in Asia.
For further insights into SG:5LY stock, check out TipRanks’ Stock Analysis page.
