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22 October 2026

Marco Polo Marine expands Korean offshore push with new JV

Downunder Voices Newsroom

Source reporting: Splash247

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Marco Polo Marine expands Korean offshore push with new JV

Singapore-listed offshore vessel owner and shipyard group Marco Polo Marine has established a joint venture in South Korea with local partner NSEL, strengthening its presence in the country’s offshore vessel market. The new company, Baramgil Offshore, will focus on vessel operations, management and chartering, with NSEL holding a 51% stake and Baramgil Corporation taking the …

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