West Asia Maritime Overseas Private Limited (“WAMOPL”) was established in Singapore as a subsidiary of West Asia Maritime Ltd, Chennai on 5th October 1999. It is a non-resident Singaporean company.
WAMOPL undertakes single shipments or a COA of a significant quantity that needs to be moved in multiple shipments over time periods that might be more than a year which may include multiple port (can be in different continents) loading, multiple port discharging, different cargo size and other related flexibility.
WAMOPL enters into long term and short-term charter agreements with ship-owners world over to perform their cargo movement obligations. WAMOPL charters in vessels worldwide, particularly in Atlantic, Mediterranean, Pacific, & Indian Ocean regions and of various sizes such as geared handymax, geared & gearless panamax vessels. WAMOPL are then able to control a larger fleet as well as to provide customized ocean transportation solutions for each customer’s requirement for movement of cargoes.
The volume of cargo handled under this model has steadily increased. The Compounded Annual Growth Rate of the subsidiaries during the past 7 years of operation is 74% in terms of cargo volume and 130% in terms of turnover.