The new owner of Marco Polo Marine says its move to become a shareholder is all about "investing in people."

Food tycoon David Teo Kee Bock and his family's Apricot company ploughed about SGD 20m ($15m) into the Singapore OSV owner's restructuring this year.

Apricot head Darren Teo told The Business Times his family is building on the trust they have in Marco Polo CEO Sean Lee.