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Graig Group moves into Singapore

Singapore: Cardiff-based Graig Ship Management has established a new company in
Singapore. Graig Services (Singapore) Pte Ltd will provide ship
management, crewing and other services across Asia. Geoff Hutcheon has
been appointed General Manager.

"Singapore is one of the world's leading maritime hubs and the ideal
place for the Graig Group to expand its Asian footprint," says Hutcheon.
"We will be building a significant presence here to provide technical
and commercial ship management and other innovative services to clients
from the Middle East and across Asia, in addition to expanding the
global network which Graig Ship Management puts at the service of its
global clients."

Geoff Hutcheon has extensive experience as an engineer at sea and as a
project manager, surveyor and newbuilding supervisor ashore. Qualified
with both a First Class Engineer's certificate and an MBA, he has been
most recently been  supervising the building of Diamond bulk carriers in
Vietnam for Graig China.

The Graig Group is a broad-based international shipowning and shipping
services group delivering technical and commercial ship management,
newbuilding supervision,  lay-up services, ship design, ship owning and
ship finance to global clients who appreciate personal service.

Graig has been building, managing and owning ships since 1919. Today it
provides technical management and crewing for a mixed fleet of vessels
on behalf of a number of owners. It has supervised over 120 newbuildings
for itself and major shipowners. It develops innovative designs such as
the Diamond bulk carriers and it can source yards and finance and
provide newbuilding supervision and follow up with in service
management. [01/09/09]

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