Marco Polo Marine subsidiary PKRO targets a listing in Taiwan to expand vessel fleet

It will submit its listing application by Q3 2026.

Marco Polo Marine’s indirect subsidiary, PKR Offshore Co. Ltd. (PKRO), a Taiwan-based specialist in offshore wind farm support, is aiming to list in Taiwan as a strategic initiative to strengthen its position in the offshore wind energy market.

According to Marco Polo Marine, the listing will unlock new capital to fund the strategic expansion of PKRO’s fleet of specialised offshore wind vessels. PKRO plans to submit its listing application by the third quarter of 2026.

The proceeds from the listing will be dedicated to developing vessels, including commissioning service operation vessels (CSOVs), to serve the high-growth offshore wind markets.

PKRO’s listing will also accelerate Marco Polo Marine’s growth in the high-value renewable energy sector and tap into new, dynamic capital markets. Marco Polo Marine owns 49% of PKRO.

In a statement, Marco Polo Marine said that by choosing to list in Taiwan, the group is positioning PKRO at the epicentre of one of Asia's most ambitious offshore wind development programmes.