Bernhard Schulte Shipmanagement (BSM) has relocated to a new, larger Singapore office in the Republic’s Central Business District.
The new premises now house Bernhard Schulte, the group’s ship owning arm, alongside with BSM, the third-party ship manager and MariApps, the Group’s digital solutions company.
“BSM’s presence in Singapore has grown steadily in recent years and we believe that the new ‘Bernhard Schulte House’ will cater to the future growth and expansion of the group’s entities in Singapore,” Raymond Peter, Managing Director of BSM Singapore, said at the inauguration ceremony this week.
“This purchase also depicts Singapore’s relevance as a regional center of the Schulte Group and supports the local government’s initiative of strengthening the country’s maritime cluster,” Peter added.
BSM Singapore has had a direct presence in Singapore for more than 20 years and is now one of the leading ship managers in the Republic, with over 100 vessels under full management.
The wholly-owned building, which the Schulte Group acquired in 2017, consists of nine floors and a gross floor area of 41,806 square feet.
“The group has invested reasonably in this new office to ensure a pleasant and healthy workplace for our colleagues as well as a hospitable venue for our guests,” said Johann Schulte, Shareholder of Bernhard Schulte.