Indonesia: Marco Polo Marine Completes and Commissions Its Dry Dock 3

Marco Polo Marine Ltd a growing integrated marine logistic group, its wholly-owned subsidiary PT Marcopolo Shipyard, has completed and commissioned its third dry dock (Dry Dock 3). Dry Dock 3, built at a specification of 190m X 45m X 9m, is capable of docking merchant vessels of up to 45,000 DWT.

Its operations complement that of the other two existing dry docks which were in operation since 2009. All three dry docks are facilitated with tower and crawler cranes of varying lifting capabilities.

With the commissioning of Dry Dock 3, the Group is well-poised to take advantage of the buoyant demand for ship repair and conversion business boosted by the regional thriving commodity shipping, oil and gas activities in the region. Augmented by Dry Dock 3, the enriched ship repair operations of the Group are expected to contribute significantly to the revenue of the Group for the financial year ending 30 September 2012.

Shipbuilding Tribune Staff, January 18, 2012; Image: marcopoloshipyard

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Posted on January 18, 2012

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