Wilhelmsen Ships Service Invests in India

Monday, March 28, 2011
Nakul Malhotra, Area Director for Wilhelmsen Ships Service in the Sub Continent. Photo courtesy Wilhelmsen Ships Service

 

Wilhelmsen Ships Service is investing in people and offices to position itself in parallel with the steady signs of economic growth that the company is witnessing in India.  Nakul Malhotra, Area Director for Wilhelmsen Ships Service in the Sub Continent explained, “The company sees the Indian market as a dynamic and growing market for the foreseeable future. With our recent investments, we now have 15 offices manned by over 90 professionals.” 
 
“Many Indian customers are increasingly taking on global trade patterns, so an ability to offer them standardized solutions that they are used to in more familiar locations gives them a sense of comfort in unfamiliar conditions. Furthermore, the Indian coastline extends for about 7500 km, which is a lot of coastline to service,” he said.  A rapidly growing economy and an ever-increasing appetite for energy resources provide a strong demand from customers in the ship services sector.”
 
Nakul Malhotra believes that Indian infrastructure is a challenge that is being addressed by the government but still has tremendous room for improvement. “Whilst we see new port developments and expansions coming on stream on a regular basis, the inter-connecting infrastructure remains a challenge,” he said. “The government recognises this challenge and has targeted infrastructure development as a key focus area. There have been some major steps forward in streamlining operations from a port perspective particularly with the introduction of privately managed ports, so it is essential to have a professional product and service supply partner.”
 
Wilhelmsen Ships Service serves customers in India and globally through its customer service teams located in key locations including Mumbai. The company recently attended Coaltrans India, where it’s key offers, such as Ships Agency Re-Defined and Ships Spares Logistics attracted significant interest.
 
Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Schlumberger Announces Q1 Results

Schlumberger Limited (NYSE:SLB) today reported first-quarter 2014 revenue from continuing operations of $11.24 billion versus $11.91 billion in the fourth quarter of 2013, and $10.

Russia Ships First Oil From Offshore Arctic Platform

President Vladimir Putin hailed Russia's first shipment of Arctic offshore oil on Friday, saying the platform decried by environmentalists will help Moscow expand its global energy markets share.

Shipping Turns From Banks to Equity Markets for Cash

Shipping companies are turning to equity markets to fill a growing funding gap, betting that investors hungry for decent returns will provide capital to a sector

 
 
Maritime Contracts Maritime Security Naval Architecture Navigation Offshore Oil Pipelines Salvage Ship Electronics Sonar 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: 0.1104 sec (9 req/sec)