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 August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Cruise Ship Gets Within 298-miles of the N. Pole

Hapag-Lloyd Cruises say that their expedition ship 'Hanseatic' has set a new record for passenger ships in the Northeast Passage, when the 122.8-metre-long ship reached the northernmost point at 85°,

MNZ & AMSA Award McMurdo COSPAS-SARSAT Contract

McMurdo Group’s Techno-Sciences Inc. says it has been chosen by the Australia Maritime Safety Authority (AMSA) and Maritime New Zealand (MNZ) to deploy their next-generation

Panama Canal Infrastructure to be Valued by VRC

Leading provider of independent valuations, Valuation Research Corporation (VRC) says it has been engaged by the Panama Canal Authority to value the locks, dams,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Pipelines Port Authority Ship Repair Sonar
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1068 sec (9 req/sec)