Marco Polo Marine - UOB Kay Hian 2025-08-27: Docked & Loaded ~ Dual-growth Engines To Drive Upside; Raise Target Price By 16%

• Marco Polo Marine announced a series of major strategic developments that reinforce its growth momentum:
  1. its maiden contract win for the newly-launched fourth dry dock,
  2. - Read this at SGinvestors.io -
  3. plans for its subsidiary PKRO to pursue a Taiwan listing.
• These reflect Marco Polo Marine’s ability to capture rising demand in both the traditional O&G sector and fast-growing renewable energy space.

Dry Dock 4 off to a strong start.

• Marco Polo Marine has secured its first ship repair contract for Dry Dock 4, valued at approximately S$5m. The vessel will arrive at the Batam yard by end-Aug 25, with repairs expected to take two months.
• - Read this at SGinvestors.io -
• Dry Dock 4 is set to meaningfully boost shipyard revenue and cash flows from 4QFY25 onwards.

3-year MSA with Cyan Renewables deepens renewables exposure.

• Read more at SGinvestors.io.

Above is an excerpt from a report by UOB Kay Hian Research.
Clients of UOB Kay Hian may be the first to access the full PDF report @ https://www.utrade.com.sg/.

Previous report by UOB:
2025-08-20 Marco Polo Marine - The Worst Is Over; CSOV Debut To Drive A Stronger FY26.

Price targets by 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