Marco Polo Marine - CSOV Scheduled For Imminent Deployment; Keep BUY

Marco Polo Marine - RHB Research 2025-02-14: CSOV Scheduled For Imminent Deployment; Keep BUY

Marco Polo Marine - CSOV Scheduled For Imminent Deployment; Keep BUY

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Published: 2025-02-17 04:12 PM

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We expect earnings to be supported by ship chartering from the rest of its fleet, driven by better utilisation and charter rates, more vessels, and higher drydock capacity.

CSOV to be deployed soon.

We visited Marco Polo Marine’s Batam shipyard and had a tour of its newly completed CSOV, which is due for deployment in the coming weeks.
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Strong utilisation for the new CSOV.

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Above is an excerpt from a report by RHB Securities Research.
Clients of RHB may be the first to access the full PDF report @ https://www.rhbtradesmart.com/.

SGinvestors.io

Alfie Yeo RHB Securities Research | https://www.rhbgroup.com/ 2025-02-14

Previous report by RHB:
2025-01-13 Marco Polo Marine - Higher Capacity To Drive Growth; Maintain BUY.

Price targets by 2 other brokers at Marco Polo Marine Target Prices.

Listing of research reports at Marco Polo Marine Analyst Reports.

Relevant links:
Marco Polo Marine Share Price History,
Marco Polo Marine Announcements,
Marco Polo Marine Dividend Payout Dates & Corporate Actions,
Marco Polo Marine News