The Bahamas go for South Korea
The Bahamas flag registry is exploring growth opportunities in Asia. To this end, it has created a representation in South Korea through an agreement with marine and logistics provider Ben Line Agencies.
Captain Jahangir Hussain, regional director for Asia, commented: “South Korea is a top ten ship-owning nation and one of the largest shipbuilders in the world. By establishing an agent in South Korea, the BMA can support clients in China, Japan and South Korea on their doorstep.”
Bahamas is strongly engaged in the LNG and offshore sectors in Asia, with a number of the big operators in those markets flying the Bahamian flag. The BMA plans to add more vessels from those sectors to its fleet, and to increase the number of cargo ships registered to the Bahamas. (sh)