AsiaOffshore

Miclyn Express Offshore founder takes over Atlantic Navigation

Photo of Sam Chambers Sam ChambersDecember 27, 2018
38 Less than a minute

The former boss of Miclyn Express Offshore has become non-executive chairman of Atlantic Navigation. Michael Kum, also known in Singapore for his hotel investments, has completed his takeover of the struggling offshore firm, buying a 50.2% stake in the outfit.

Wong Siew Cheong, who was Atlantic Navigation’s executive chairman, has been redesignated as an executive director of the board and retains his role as CEO.

Earlier this year Dubai’s Gulf Navigation came close to buying Atlantic Navigation.

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Photo of Sam Chambers Sam ChambersDecember 27, 2018
38 Less than a minute
Photo of Sam Chambers

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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