Marco Polo Marine Ltd. Company News

Recent Articles

Results 14 articles shown

Singapore's Marco Polo Marine Flags Doubt On Continuing As A Going Concern
Marine logistics firm Marco Polo says it has substantial doubt about being able to continue as a going concern due to a cash crunch, as it sought noteholders' approval to defer redeeming bonds worth $37 million by three years.
8:00 PM EST | September 21, 2016
Singapore's Marco Polo Marine Seeks To Delay Bond Payment
Singapore's Marco Polo, a marine logistics firm that counts oil and gas firms as clients, wants bond holders' nod to defer payment of notes worth $37 million, the latest oil-related firm in the city-state to show financial strain from crude's drop.
8:00 PM EST | September 13, 2016
Singapore High Court Grants Stay of the Action in PPLS-MPD Jackup Spat
Singapore High Court grants Marco Polo Drilling a stay of the action on arbitration proceedings commenced by PPL Shipyard over the termination of a jackup construction contract.
8:00 PM EST | April 25, 2016
PPL Shipyard Commences Arbitration Proceedings Against Marco Polo Drilling
Singapore's PPL Shipyard commences arbitration proceedings against Marco Polo Drilling over a rig construction contract.
8:00 PM EST | April 06, 2016
PPL Shipyard Serves Termination Notice on MPD Over Jackup Construction Spat
Singapore's PPL Shipyard serves termination notice on Marco Polo Drilling after the latter failed to comply with the payment schedule for a jackup under construction.
7:00 PM EST | December 01, 2015
Marco Polo Marine Updates on Jackup Construction Dispute with PPL Shipyard
Marco Polo Marine updates on the dispute between Marco Polo Drilling and PPL Shipyard over the termination of a jackup construction contract.
7:00 PM EST | November 30, 2015
PPL Shipyard Challenges MPD's Termination of Jackup Construction Contract
Sembcorp Marine's unit PPL Shipyard challenges Marco Polo Drilling's termination of a jackup construction contract.
7:00 PM EST | November 25, 2015
MPD Initiates Contractual Dispute Resolution Process Against PPL Shipyard
Singapore's Marco Polo Drilling (MPD) initiates contractual dispute resolution process against PPL Shipyard over the termination of a rig building deal.
7:00 PM EST | November 24, 2015
PPL Yet to Receive MP Drilling's Termination Notice for Jackup Construction
Singapore's PPL Shipyard has not receive any notice of termination from Marco Polo Drilling of the $214.3 million jackup construction contract.
7:00 PM EST | November 17, 2015
Nam Cheong Sells Accommodation Work Vessel, AHTS Vessel for $58M
Nam Cheong sells an accommodation work vessel to Marco Polo Marine and an anchor handling tug supply vessel to Topaz Energy and Marine for a total of $58 million.
8:00 PM EST | March 10, 2015
Marco Polo Marine Clinches $46M OSV Contracts to Work in SEA, Australia
Marco Polo Marine clinches offshore support vessel contracts, valued at $46 million, for operations in Southeast Asia and Australia.
7:00 PM EST | January 05, 2015
Nam Cheong Invests $31M in BBR to Further Expand into Indonesian Market
Nam Cheong invests $30.7 million in Indonesian ship owning and chartering firm PT Pelayaran Nasional Bina Buana Raya Tbk (BBR) to enter into Indonesia's oil and gas market.
8:00 PM EST | September 28, 2014
MPM-Nam Cheong JV Secures $27M Contract to Supply Accommodation Work Vessel
The Marco Polo Marine-Nam Cheong joint venture secures a $27 million five-year contract to provide an accommodation work vessel, which will be built by Nam Cheong.
8:00 PM EST | August 18, 2014
PPL Shipyard Inks $214.3M Contract to Build Jackup for Marco Polo Drilling
Sembcorp Marine's unit PPL Shipyard signs a $214.3 million contract to build a jackup for Marco Polo Drilling.
7:00 PM EST | February 26, 2014