Marco Polo Marine is investing S$10m in third drydock at its shipyard in Batam, Indonesia. Currently, the average utilisation rate of both our existing drydocks has risen to over 70%. The dock due for completion in the first quarter of 2012 will be able to accommodate vessels of 180m in length, Seatrade-asia reports.
“In order to support continued growth, we are now building a bigger and deeper dry dock at our Batam shipyard to meet the demand from customers with larger and more sophisticated vessels,” said Sean Lee, ceo of Marco Polo Marine.
“In order to support continued growth, we are now building a bigger and deeper dry dock at our Batam shipyard to meet the demand from customers with larger and more sophisticated vessels,” said Sean Lee, ceo of Marco Polo Marine.