United Overseas Group: Aiming at closer ties with Japan

Japan plays a important relation successful United Overseas Group’s (UOG) strategy, arsenic shipowner Peter Georgiopoulos noted successful remarks to section media.

Following the acquisition of portion of the adust bulk operations of U.S.-based Norvic Shipping, UOG established its archetypal operational basal successful Japan, aiming to forge person ties with Japanese shipowners, shipyards, and fiscal institutions.

Georgiopoulos highlighted that the transaction added high-quality, Japanese-built vessels to the fleet, on with semipermanent charters with six Japanese shipowners covering 9 vessels, including newbuildings.

UOG is already progressive successful the tanker conception and has present expanded into the adust bulk sector, while it is besides considering newbuild orders successful Japan, contempt the constricted availability of slots astatine the country’s shipyards.