UK-based Coldharbour Marine, a manufacturer of ballast water treatment systems (BWTS) based on unique inert gas technology, has opened a new office in Singapore and appointed Mohit Batra to lead its planned expansion into the Asian market.
Batra, md of Coldharbour Asia, is a master mariner with an MBA from Oxford University and has extensive experience of the shipping sector gained over more than two decades. He has held several senior positions ashore including spells with classification society ABS and marine technology company Wärtsilä. He has also been involved in international business development, marketing and sales, implementing effective supply chain strategies and consulting on merger and acquisition activities.
Coldharbour Marine ce Andrew Marshall said: “Having a hub in Asia has always been a key part of our development strategy and I believe we have found just the right man to head our operation in this important market. Mohit has an unusual combination of seagoing and shore management experience and will bring these strong capabilities to our operations in Asia.”
Explaining the company’s strategy, Batra said: “We have timed the new Singapore set-up in advance of being awarded US Coast Guard type approval which we expect to receive in 2019. And it is next year that we expect the ballast water treatment installation market to take off strongly. This is particularly the case in our specific target markets which include large tankers, big bulk carriers and LNG vessels.
“We have identified a large number of ships in these sectors for which owners will need to plan system installations from 2019 onwards. Many of these retrofit projects will be undertaken in Chinese shipyards, whilst we will also be supplying treatment systems for new ships under construction at yards across Asia.”
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Batra stressed the importance of Singapore as a location. “Apart from the obvious benefits of operating from this important maritime hub with its excellent international connections, we will be working closely with many ship operators and management companies which have chosen Singapore as their Asian base,” he said.
“We will also be establishing close links with the Chinese shipyards where many of the large vessels in our target market are likely to be retrofitted. From here, we will be ideally placed to coordinate and support ballast water system installations on both existing ships and newbuildings,” he added.
“I am very excited to have joined the Coldharbour team and look forward to developing the company’s business across the Asian region,” Batra concluded.
Source: Hellenic Shipping News.