Singapore: Maritime navigation and communications giant Transas is looking to double revenues out of Asia in the next three to four years, according to its regional managing director, Johan Gustavsson.
With ECDIS becoming mandatory soon take-up in the region has started, Gustavsson said. “Still some owners are waiting with orders despite the fact they know they will get into problems with training personnel,” he said from Transas’ regional hq in Singapore. “Business for us is going good,” he added, “there are a lot of opportunities in Asia in marine and offshore training, and newbuild projects.”
Asia accounted for around 20% of Transas’ sales last year. “The aim is to increase the share here,” Gustavsson said. [24/09/12]