Singapore, Feb, 16 2026 – Marco Polo Marine (5LY) posted revenue of 32.8 million Singapore dollars for the quarter ended Dec, 31 2025 (1QFY2026), up 27% from 25.8 million Singapore dollars a year earlier, driven by higher contributions from its Ship Chartering segment.

Gross profit increased 32% to 14.0 million Singapore dollars, with the margin expanding to 43% from 41% in 1QFY2025.

Revenue from Ship Chartering climbed 53% year on year to 23.2 million Singapore dollars, supported by fleet expansion that included the deployment of the Commissioning Service Operation Vessel (CSOV) MP Wind Archer and three additional Crew Transfer Vessels. Fleet utilisation improved to about 76%, compared with 71% in the prior-year period.

Ship Building & Repair Operations contributed 9.6 million Singapore dollars in revenue, down 9% from 10.6 million Singapore dollars previously, as lower shipbuilding activity outweighed higher ship-repair work.

The company noted that its flagship CSOV MP Wind Archer received the Offshore Energy Vessel of the Year Award 2026 and said it is developing a second vessel, the CSOV Plus, designed for both offshore wind and oil & gas markets.

Marco Polo Marine said it remains focused on capturing opportunities in the offshore wind and broader maritime sectors and expects its recent fleet additions to support earnings visibility in the current financial year.