Marco Polo Marine said its Taiwanese subsidiary PKR Offshore secured a project finance loan from Bank SinoPac Taiwan on 15 April for the CSOV project.

“Securing the project finance loan from Bank SinoPac also marks a milestone for us in our journey to build, own, and operate a fleet of highly specialised wind vessels that deliver unparalleled performance, quality, and reliability for our valued clients. This strategic financing, coupled with the scheduled delivery of our new CSOV, empowers us to forge ahead with our ambitious growth plans, cementing our position as a frontrunner in the region’s rapidly developing offshore wind energy landscape,” said Sean Lee , CEO of Marco Polo Marine.