CLAVE 1 / 4Marco Polo Marine has established a joint venture in South Korea with local partner NSEL, named Baramgil Offshore.
CLAVE 2 / 4The new JV will focus on vessel operations, management, and chartering, with NSEL holding a 51% stake and Baramgil Corporation the remaining 49%.
CLAVE 3 / 4Initial paid-up capital stands at $107,000, funded through Marco Polo Marine’s internal resources.
CLAVE 4 / 4The venture builds on a 2023 partnership between PKR Offshore and NSEL, targeting opportunities in South Korea’s offshore wind sector.
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