Singapore’s Marco Polo Marine is moving further into the Taiwanese offshore wind sector with a new acquisition.

The offshore vessel operator said it has agreed to buy Taiwan-based PKR Offshore (PKRO), part of the POSH Kerry Renewables joint venture.

Marco Polo describes the company as a “unique one-stop solutions provider for the offshore renewables industry”.

The deal will also add two offshore support vessels to the fleet and leaves the shipping company on track to increase the number of vessels supporting Taiwan’s offshore wind farm sector by 40% by the end of 2022.