Singapore's Offshore and Marine Sector Likely Seeing Solid Repair Demand -- Market Talk

Dow Jones

Oct 06

0647 GMT - Singapore's offshore and marine sector is likely experiencing solid repair demand, CGS International analysts say in a research report. Shipyard utilization has been strong for Marco Polo Marine and Pacific Radiance, the analysts note. The limited newbuilding of ships and older vessels' extended service life are also driving up repair needs. At investor meetings, Marco Polo Marine highlighted areas including its busy shipyard operations and progress on offshore-wind strategy, while Pacific Radiance emphasized strong fleet utilization and potential for higher charter rates from 2026. The brokerage, which has add ratings on both, raises Marco Polo Marine's target price to S$0.10 from S$0.08 and Pacific Radiance's to S$0.14 from S$0.09. The stocks trade at S$0.078 and S$0.106, respectively. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

October 06, 2025 02:47 ET (06:47 GMT)

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Shipyard utilization has been strong for <a href=\"https://laohu8.com/S/MRPMF\">Marco Polo Marine</a> and Pacific Radiance, the analysts note. The limited newbuilding of ships and older vessels' extended service life are also driving up repair needs. At investor meetings, Marco Polo Marine highlighted areas including its busy shipyard operations and progress on offshore-wind strategy, while Pacific Radiance emphasized strong fleet utilization and potential for higher charter rates from 2026. The brokerage, which has add ratings on both, raises Marco Polo Marine's target price to S$0.10 from S$0.08 and Pacific Radiance's to S$0.14 from S$0.09. The stocks trade at S$0.078 and S$0.106, respectively. (ronnie.harui@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 06, 2025 02:47 ET (06:47 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore's Offshore and Marine Sector Likely Seeing Solid Repair Demand -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore's Offshore and Marine Sector Likely Seeing Solid Repair Demand -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-10-06 14:47</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0647 GMT - Singapore's offshore and marine sector is likely experiencing solid repair demand, CGS International analysts say in a research report. Shipyard utilization has been strong for <a href=\"https://laohu8.com/S/MRPMF\">Marco Polo Marine</a> and Pacific Radiance, the analysts note. The limited newbuilding of ships and older vessels' extended service life are also driving up repair needs. At investor meetings, Marco Polo Marine highlighted areas including its busy shipyard operations and progress on offshore-wind strategy, while Pacific Radiance emphasized strong fleet utilization and potential for higher charter rates from 2026. The brokerage, which has add ratings on both, raises Marco Polo Marine's target price to S$0.10 from S$0.08 and Pacific Radiance's to S$0.14 from S$0.09. The stocks trade at S$0.078 and S$0.106, respectively. (ronnie.harui@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 06, 2025 02:47 ET (06:47 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6519","symbol_name":"运输股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2573120624","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2573120624","pubTimestamp":1759733220,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0647 GMT - Singapore's offshore and marine sector is likely experiencing solid repair demand, CGS International analysts say in a research report. Shipyard utilization has been strong for Marco Polo Marine and Pacific Radiance, the analysts note. The limited newbuilding of ships and older vessels' extended service life are also driving up repair needs. At investor meetings, Marco Polo Marine highlighted areas including its busy shipyard operations and progress on offshore-wind strategy, while Pacific Radiance emphasized strong fleet utilization and potential for higher charter rates from 2026. The brokerage, which has add ratings on both, raises Marco Polo Marine's target price to S$0.10 from S$0.08 and Pacific Radiance's to S$0.14 from S$0.09. The stocks trade at S$0.078 and S$0.106, respectively. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK6519":"运输股","BK6004":"海运","RXS.SI":"PacificRadiance","SG9999002406.SGD":"利安新加坡信托基金","5LY.SI":"马可波罗海业","SG9999002414.USD":"LIONGLOBAL SINGAPORE TRUST (USD) ACC","BK6088":"石油天然气设备与服务"},"translate_title":"新加坡近海和海事行业可能会看到强劲的维修需求——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"5LY.SI":0.9,"RXS.SI":0.9},"content_text":"0647 GMT - Singapore's offshore and marine sector is likely experiencing solid repair demand, CGS International analysts say in a research report. Shipyard utilization has been strong for Marco Polo Marine and Pacific Radiance, the analysts note. The limited newbuilding of ships and older vessels' extended service life are also driving up repair needs. At investor meetings, Marco Polo Marine highlighted areas including its busy shipyard operations and progress on offshore-wind strategy, while Pacific Radiance emphasized strong fleet utilization and potential for higher charter rates from 2026. The brokerage, which has add ratings on both, raises Marco Polo Marine's target price to S$0.10 from S$0.08 and Pacific Radiance's to S$0.14 from S$0.09. The stocks trade at S$0.078 and S$0.106, respectively. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  October 06, 2025 02:47 ET (06:47 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}