Signalling an intention to expand its regional footprint into more complex, emerging markets, including defence, BMT announced on 29 October a consolidation of its Asian operations and the opening of a new strategic gateway to the region.
The company has chosen its Singapore office as the hub to help strengthen its regional presence in Asia, to best support existing customers, exploit new venture opportunities and assist regional partners, leveraging its international network of offices, services, and products.
Singapore is the maritime heart of Asia and BMT seeks to replicate global success in the region. The new regional hub will support existing customer expansion, and align technology and institutional readiness, as shipbuilding companies, ship owners and operators look for a next-generation consulting partner to help them scale internationally and deliver superior value. BMT is recognised as the ‘tech behind the tech,’ having launched maritime innovations that include TUFLOW, REMBRANDT, SARIS, BMT DEEP and MATE, several digital data transformation platforms and proprietary machine learning risk modelling applications, among others.
“We pride ourselves on the role that we have played in the maritime technology revolution to date, and with the expansion of our investment in Singapore we will extend our reach and continue to offer our superior level of service to existing customers, while we explore new ventures. Singapore is an obvious choice - it means we can take an active part in the maritime ecosystem there,” explained CEO, Sarah Kenny.
“Expanding our presence in the Asia market will allow us to apply our intimate knowledge of the maritime domain to one of the fastest-growing regions in the world. As our business continues to expand across the Asia Pacific, including in Australia, it is comforting to know that we can continue to be a trusted partner for our customers,” added Business Development Director, Rob Teasdale.
Suba Sivandran, BMT’s Managing Director, Asia, observed: “Being on the ground and a part of Singapore’s growing maritime ecosystem is critical to servicing our customers and to the further development of our emerging portfolio. This local presence combined with our global specialist advice will provide a unique offering to this growing market, and to the world’s most important commodity and cargo transit hub.”
BMT is already partnering with shipbuilders in countries like Singapore, Taiwan, Indonesia and in South Korea, and simultaneously seeks to strengthen and expand partnerships in the region. In addition, through the pursuit of new venture opportunities, BMT will seek to build on its regional brand presence and cultivate growth and value in its emerging portfolios.