Bomin today said it will exit the Singapore and Antwerp markets, and going forward will operate from just two offices, Houston and Hamburg.

The move was said to be critical to ensuring commercial viability and sustainability in the post-2020 world.

The Bomin group is in a transformation and restructuring process and intense competition and low margins characterize the situation in all major ports,” says Jan Christensen, Managing Director of Bomin Group.

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