Estonian shipping company Tallink Grupp has announced establishing a subsidiary in Singapore this week – Tallink Asia Pte Ltd – which is the group’s first subsidiary in Asia.
The operator of cruise ferries and ropax ships said that the purpose of founding a subsidiary in Singapore is to simplify the development and expansion of the group’s activities in Asia.
"We have always been open about the fact that Tallink Grupp is continuously looking for opportunities to develop our activities and expand into new markets," Paavo Nõgene, CEO of Tallink Grupp said.
Tallink has focused heavily on developing services for Asian passengers in recent years and on promoting the company’s products and services in various Asian countries. For example, Tallink participates annually in a number of large Asian tourism fairs, cooperates with several Asian tourism agencies, Tallink employs hosts onboard its vessels who speak different Asian languages, and the company has rolled out popular Asian payment Solutions AliPay and WeChat Pay onboard its vessels.
"Tallink has a lot to offer not only here in our Nordic home markets, but globally and there is a significant amount of interest out there in our products and services," Paavo Nõgene, CEO of Tallink Grupp said.
"Our colleagues have done a great job for a long time already, promoting the products and services of Tallink and the wider Baltic Sea region in Asia, thus laying a good foundation to build on from now on. We have plans for activities in Asia, which we cannot unfortunately talk about more today, but which we will shed more light on in the future as the plans progress," Nõgene added.