After experiencing challenges for close to a decade, the tide has seemingly turned for integrated logistics operator Marco Polo Marine. The company — which draws its revenue from ship chartering, shipbuilding and repair — has seen a tailwind recovery, amid signs of a resurgence in the oil and ga...

Photo: Marco Polo Marine 1. Could you elaborate on Marco Polo Marine’s business segments and focus? Marco Polo Marine operates two main business segments: The first segment is Shipbuilding & repair which provides shipbuilding and repair activities from our shipyard at Batam, Indonesia. Over th...

Marco Polo Marine (MPM) plans to boost its shareholding Indonesian shipping company Pelayaran Nasional Bina Buana Raya (BBR) to a majority stake through a rights issue. MPM currently holds a 34.8% stake in the company, held through wholly-owned subsidiary Marco Polo Indonesia (MPI). MPI will partici...

INTEGRATED marine logistics company Marco Polo Marine announced on Monday that it will acquire a majority stake in Indonesian shipping agency company PT Pelayaran Nasional Bina Buana Raya (PT BBR) to strengthen its position in the Indonesian market.

CONSTRUCTION and property development firm BBR Holdings on Monday said that the Covid-19 outbreak has resulted in lower overall business volume for the group, and that it expects a negative impact on the group’s financial performance for the half-year ending June 30, 2020 and full finan...

Mainboard-listed BBR Holdings on Monday announced that its wholly-owned subsidiary BBR Greentech has won two contracts to construct solar photovoltaic (PV) systems.

BBR Holdings, a construction and property firm, on Monday said that it swung into a full-year net loss amid lower sales and an absence of development profits from the sale of Lakelife Executive Condominium.

CONSTRUCTION and engineering group BBR Holdings expects to report a net loss for 2018, the company said on Tuesday after the market closed.