Search results for: Marco Polo

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  • 7 April 2016
    Business & Finance, Exploration & Production

    Sembcorp Marine, a Singapore-based rig builder, has yet to resolve a contractual dispute which began in November 2015, when its client, Marco Polo Drilling, broke off a rig construction deal. At the time, Marco Polo said it would terminate the $214 million rig construction deal it had signed in February 2014, with Sembcorp’s subsidiary PPL […]

  • 25 April 2016

    Marco Polo Marine, a Singapore-based marine logistic services provider, has won a grant of stay of legal proceeding initiated by the PPL Shipyard against the company. To remind, the PPL Shipyard, a Sembcorp Marine subsidiary, in December 2015 started a legal action against Marco Polo over a jack-up rig contract termination the company had ordered […]

  • 13 November 2017
    Equipment

    Sembcorp Marine’s subsidiary PPL Shipyard has settled a dispute with offshore services provider Marco Polo, over a 2015 canceled jack-up rig order. The contractual dispute between the two Singapore-based parties began in November 2015, when Marco Polo Drilling broke off a rig construction deal it had with the PPL Shipyard, a Sembcorp Marine subsidiary. At the […]

  • 12 December 2012

    The biggest cargo ship in the world, the “CMA CGM Marco Polo”, arrived into Hamburg harbour for the first time, reports thelocal.de. Built by DSME (Daewoo Shipbuilding and Marine Engineering) in South Korea, the giant of the seas displays exceptional dimensions: 396 meters long, 54 meters wide, with a draft of 16 meters. This is […]

  • 16 February 2016
    Business & Finance

    Helix Energy Solutions Group, an international offshore energy services company, has sold its 50% interest in Deepwater Gateway, L.L.C. to a subsidiary of Genesis Energy for a cash purchase price of $25 million. Anthony Tripodo, Executive Vice President and Chief Financial Officer of Helix, stated, “The sale of the Deepwater Gateway interest is in line […]

  • 24 December 2015
    Business & Finance

    The 800-passenger cruise ship Marco Polo, owned by Global Maritime and operated by Cruise & Maritime Voyages, has completed its tenth survey and general maintenance and refurbishment at Damen Shiprepair Vlissingen, the Netherlands. The project took around five weeks to complete and included an exterior repainting, interior repairs and maintenance to fine-tune Marco Polo. Other works included maintenance of propellers and propeller shafts, reconditioning […]

  • 26 December 2017
    Business & Finance

    Singapore-based Marco Polo Marine has obtained court approval for a debt restructuring of its shipyard in Indonesia. 

  • 19 August 2014
    Business & Finance

    Singapore Exchange Mainboard-listed companies, Marco Polo Marine Ltd and Nam Cheong Limited have formed a joint venture company following the sale of Marco Polo Marine Group’s 50% stake in Marco Polo Offshore (IV) Pte Ltd to Nam Cheong Group on 19 August 2014. The JV Co recently purchased a newly built Accommodation Work Vessel (the “AWV”) constructed by the […]

  • 27 December 2012
    Business & Finance

    CMA CGM MARCO POLO, the world’s largest containership berthed yesterday morning at Malta Freeport’s Terminal Two North Quay. With a carrying capacity of 16,000 TEUs, CMA CGM MARCO POLO has exceptional dimensions, a length of 396 metres, a width of 54 metres, and a draft of 16 metres and is equipped with all the latest […]

  • 1 December 2011

    The visit of 22,080 GT cruise liner MS Marco Polo had not been planned at Lloyd Werft. The need for an inspection of her crankshaft plant prompted the 22,080 GT cruise liner MS “Marco Polo” to make an unexpected stop in Lloyd Werft’s small Kaiserdock before the start of her winter season. The 176.28 m long […]

  • 12 March 2013
    Business & Finance

    On March 9th, the crew on the Abeille Bourbon successfully completed towing operations on the CMA CGM Marco Polo, the jewel in CMA CGM’s crown and the largest containership in the world capable of carrying up to 16,020 TEUs, as part of an type approval testorganized by the Atlantic French Maritime Prefecture. The Abeille Bourbon […]

  • 5 February 2013
    Business & Finance

    On January 24, the CMA CGM Marco Polo arrived in Ningbo, last stop in accordance with the time scheduled. During the first turnaround, some records were set: – From Le Havre the Marco Polo left with a record load of 163 464 tons. – During the port call at Khor Fakkan, a new productivity record […]

  • 7 January 2011
    Business & Finance

    Marco Polo Marine Ltd , a growing integrated marine logistic group announces that its   Singapore incorporated wholly-owned subsidiary, Marco Polo Offshore (II) Pte Ltd has signed a memorandum of agreement  to purchase a utility vessel  for a total cash consideration of US$4.87 million. The Utility Vessel, known as SMS Spectrum, is a 40-metre Panamanian-flagged vessel […]

  • 5 July 2011
    Business & Finance

      Singapore Exchange Mainboard-listed Marco Polo Marine Ltd, a growing integrated marine logistic group announce that the Group has secured a new ship-building contract to construct five units of barges for a third-party Indonesian customer for approximately S$10 million. Under the contract, the Group will construct 5 barges of up to 310 feet in length. […]

  • 14 December 2012

    The biggest container ship in the world has docked in Bremerhaven. Precisely one week after leaving port in Tangier, Morocco, the “CMA CGM Marco Polo” tied up at another container terminal operated by the EUROGATE Group, this time MSC Gate Bremerhaven. The “CMA CGM Marco Polo” is on her maiden voyage from Ningbo (China), where […]

  • 7 January 2013
    Business & Finance

    Khorfakkan Container Terminal (KCT) became the first terminal operator in the Middle East to handle the world’s largest containership, CMA CGM Marco Polo, owned by the CMA CGM Group. With a length of four standard football pitches (396 metres), 54 metres beam and requiring a draft of 16m, Khorfakkan is one of the few ports […]

  • 2 September 2006

    The Marco Polo was a clipper ship that made a record passage in 1852 from Britain to Australia and back in five months and 21 days, unheard of at that time. She brought fame to her skipper, Captain James Nicol “Bully” Forbes, and her owners, James Baines and partners of the Black Ball Line, the […]

  • 23 September 2011
    Business & Finance

      Singapore Exchange Mainboard-listed Marco Polo Marine Ltd, a growing integrated marine logistic group, announces that the Group has secured a ship building contract worth approximately S$10.5 million, to construct five deck cargo barges for PT. Pelayaran Nasional Bina Buana Raya (“BBR”), an associated company of the Group. Construction of the five deck cargo barges […]

  • 18 December 2012

    The CMA CGM Group christened the world’s largest containership, the CMA CGM MARCO POLO (16 000 TEU), today, Dec. 18th, at the Container Terminal of Zeebrugge. Built by DSME (Daewoo Shipbuilding and Marine Engineering) in South Korea, the giant of the seas displays exceptional dimensions: 396 meters long, 54 meters wide, with a draft of […]

  • 26 February 2014

    Marco Polo Marine’s wholly-owned subsidiary, Marco Polo Drilling (I) Pte. Ltd. (MP Drilling), today entered into a rig construction contract with PPL Shipyard Pte Ltd (PPL), a subsidiary of Sembcorp Marine Limited. The contract is for the construction of a high-specification jack-up rig based on PPL’s proprietary Pacific Class® 400 design. The new rig, estimated […]

  • 5 August 2011
    Business & Finance

    Singapore Exchange Mainboard-listed Marco Polo Marine Ltd, a growing integrated marine logistic group announces that the Group has secured a new ship-building contract to construct two towing tugs and two deck cargo barges for PT. Pelayaran Nasional Bina Buana Raya (“BBR”) for approximately S$4.6 million. With reference to MPM’s announcement dated 2 August 2011, MPM […]

  • 14 December 2012
    Business & Finance

    The biggest container ship in the world has docked in Bremerhaven. Precisely one week after leaving port in Tangier, Morocco, the “CMA CGM Marco Polo” tied up at another container terminal operated by the EUROGATE Group, this time MSC Gate Bremerhaven. The “CMA CGM Marco Polo” is on her maiden voyage from Ningbo (China), where […]