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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.

Lee Hong Liang, Asia Correspondent

June 9, 2015

1 Min Read
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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.

About the Author

Lee Hong Liang

Asia Correspondent

Singapore-based Lee Hong Liang provides a significant boost to daily coverage of the Asian shipping markets, as well as bringing with him an in-depth specialist knowledge of the bunkering markets.

Throughout Hong Liang’s 14-year career as a maritime journalist, he has reported ‘live’ news from conferences, conducted one-on-one interviews with top officials, and had the ability to write hard news and featured stories.

 

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