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

People & Company News

BMT, Endeavour Energy Win Africa’s LNG Import Terminal Contract

BMT Asia Pacific (BMT), a subsidiary of BMT Group Ltd, has been appointed Owners Engineer and lead design consultant by Endeavour Energy for the development

Coast Guard Foundation Hosts Annual Tribute

The Coast Guard Foundation, a non-profit organization committed to the education and welfare of all Coast Guard members and their families, announced today that

WTO Launches Dedicated Website for new TFA Facility

The TFAF was created at the request of developing country and least-developed country (LDC) members to help ensure that they receive the assistance needed to

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Offshore Oil Pod Propulsion Salvage Ship Electronics Shipbuilding / Vessel Construction Winch
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: 0.1883 sec (5 req/sec)