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Uni-Asia offers new ship-related services in South Korea

Uni-Asia offers new ship-related services in South Korea
Alternative investment firm Uni-Asia has set up a new wholly-owned subsidiary in South Korea to promote the company’s ship-related services in the East Asian country.

The business registration to operate in Korea was completed on 3 June, Singapore-listed Uni-Asia announced.

“The establishment of Uni Ships Korea is for the purpose of promoting the company’s ship-related services in South Korea which are in the ordinary course of the company’s business,” Uni-Asia stated.

Uni-Asia operates a fleet of dry bulk carriers, and the vessels’ charter income contributed to 37% of the company’s total revenue in the first quarter of this year. The group’s other revenue came from properties, management and other investments.