The Singapore-listed company, which is a major investor inIndonesia-based owner Bina Buana Raya (BBR), will be renewing charter contractsfor most of its AHTS tonnage between now and the end of the year.
Analysts say the supply shortage of AHTS vessels in thecountry should see Marco Polo add around a third to rates its vessels currentlyearn.
“With AHTS supply still trailing far demand in Indonesia, weare highly confident that each vessel will be re-chartered immediately atprevailing market rates, which are 33% higher,” OSK DMG said in a report toclients.
“With
