Marco Polo Marine Ltd

The Company was incorporated in Singapore on 10 July 2006 under the name Marco Polo Marine Pte Ltd as a private limited. On 7 September 2007, the Company was converted into a public company limited and renamed Marco Polo Marine Ltd. The Group is an integrated shipping group, principally engaged in the following businesses:- (a) ship chartering business, which includes the provision of chartering, re-chartering and transhipment services of tugboats and barges to our customers; and (b) shipyard business, which includes the provision of building, repair and broking services of tugboats and barges. Its shipyard is strategically located in Batam, Indonesia, occupying a total land area of approximately 348,705 sqm, with a seafront of approximately 650m. The Group commenced its ship building operations in December 2005. Up to 14 September 2007, it has completed the construction of 22 vessels, with another 11 vessels under construction.