Asia

Wallem makes big Singapore splash

 

Hong Kong: Leading Hong Kong shipmanager Wallem is establishing a new shipmanagement operation in Singapore that will complement its long standing ship agency business and the recently formed NW Ship Management company. “This will double the size of Wallem's business in Singapore during 2013 and will be adding many new jobs to the local maritime sector,” a spokesperson in Hong Kong said. 

The new shipmanagement operation will commence in April 2013 and in addition all Wallem businesses in Singapore will be moving into one office in Alexandra Road. 

“This follows the roll out of a new strategic plan to establish stronger hubs in strategic maritime locations and thus more effectively deliver Wallem's wide range of maritime solutions to our customers,” the spokesperson explained. 

Wallem has had a presence in Singapore for more than 50 years as a leading ship agency and logistics company. In 2012 NW Ship Management was launched, a joint venture to manage the Nanjing Tanker Corporation fleet. In April 2013 the service base will expand further with a full Wallem Ship Management operation.

To successfully establish the expanded business in Singapore, Captain Deepak Honawar has been appointed as the managing director for Wallem Singapore. Captain Honawar has had a long career with the Wallem Group and in his new role will be driving growth in all business areas.  [11/01/13]

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