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The Baltic and International Maritime Council (BIMCO), has opened up a new office in Singapore. It is the second to be opened by BIMCO within the Southeast Asia shipping region.

New BIMCO office now open in Singapore

BIMCO new office is located in the heart of the city-state. While staff members from the organization were already operating within the city, there was previously no official BIMCO presence within Singapore.

The new general manager appointed to look after Singapore operations is Maite Bolivar, a 16-year maritime veteran who is expected to bring professionalism and expertise to the position. Office space for BIMCO is shared by other shipping organization, namely the Baltic Exchange and the Institute of Chartered Shipbrokers. These associations share common goals and will be able to work together to service contacts in Singapore and other regional areas.

Why is this significant?

This new regional hub of maritime organizations is designed to help improve services to the Southeast Asian region in general. BIMCO's only other office in Asia is located in Shanghai.

Expanding its reach to include new office locations, such as this one in Singapore, is designed to help BIMCO - the world's largest shipping association - achieve its goal of facilitating the commercial operations of all members.

How does BIMCO hope to improve service?

Officials at BIMCO expect the new office to become a central point of contact and collaboration for existing and new members. Maite Bolivar is set up to be a source for advice and support to members who make a connection with the new office.

Additionally, the shared location serves as a small regional hub for maritime service associations, making it a location for shipping industry companies to come for assistance with their requirements.