Hong Kong Ship Managers Wallem Set Up Singapore Unit

South China Morning Post
Friday, January 11, 2013

Growth in specialist ship management services leads HK-based Wallem Group to open its first ship management & broking operation in Singapore.

The move into Singapore comes six months after Wallem formed a ship management joint venture with mainland shipowner Nanjing Tanker in Singapore, reports the 'South China Morning Post).

Captain Deepak Honawar, a director of Wallem Shipmanagement, considered that launching in Singapore would provide more space for the company to grow its Hong Kong ship management business. As a result, it was likely some of the ships currently managed from Hong Kong, along with technical staff, will be transferred to the Singapore operation, which will make room in HK for expansion. Wallem is already looking at using Singapore to expand the ship management business into Malaysia and Indonesia.

Wallem manages more than 400 ships globally including tankers, dry cargo bulk carriers, containerships and vehicle carriers on behalf of shipowners.

Source: South China Morning Post
 

Maritime Reporter June 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

US Refiners' Group Wants Wide Debate on Oil Exports

The U.S. oil refining industry's association is not opposed to lifting the country's 40-year-old ban on crude exports as long as the move is part of a bigger effort to lower barriers to trade,

‘Old Salt’ Designation Passed to Vice Adm. Tidd

The “Old Salt” designation, honoring the Surface Warfare Officer (SWO) serving on active duty with the earliest Surface Warfare Qualification, passed from Adm. Sam Locklear to Vice Adm.

Voith Turbo Names Calhoun VP of O&G Sales

Shawn Calhoun has joined Voith Turbo’s Power, Oil & Gas Division as Vice President of Sales – Oil and Gas, to be based at the company’s new Houston, Texas office

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Navigation Offshore Oil Pod Propulsion Port Authority Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1156 sec (9 req/sec)