Singapore: Asia Shipping Media (ASM) has concluded its first international acquisition, taking over Greek news website Naftrade. The deal comes as ASM rolls out its global magazine title Maritime CEO and gives ASM a strong foothold in Europe.
Naftrade has a strong social media following and is one of Europe’s most read shipping websites founded by Athens-based John Nikolaou who will continue to work with ASM.
Naftrade is changing from a news aggregator to a global site for ASM’s wide network of journalists spanning five continents across the globe. Naftrade will carry the top news stories from ASM’s three regional titles in China, Southeast Asia and the Middle East as well as leveraging off Maritime CEO’s line up of 17 correspondents across the world to provide a unique and free daily maritime news site.
Commented ASM’s editorial director Sam Chambers, “Taking over Naftrade provides us with a well established portal to consolidate our global news gathering resources.”
Naftrade houses plenty of other resources too including videos, technology updates, industry viewpoints, a bundle of useful indices and even a dictionary of shipping terms.
Naftrade founder John Nikolaou said: “I’m glad that Naftrade has found a dynamic young company with big aspirations to take this project forward. By linking with ASM Naftrade can truly be seen as a global shipping news site.”
Founded 18 months ago in Singapore ASM’s titles include SinoShip, the bilingual global platform for Chinese shipping, SeaShip News, the top destination for maritime and offshore developments in Southeast Asia and GulfShip News, the bilingual source for Middle Eastern maritime news. On top of these titles ASM’s flagship, Maritime CEO, interviews a top shipping executive daily and runs a high quality quarterly magazine.
Grant Rowles, ASM’s commercial director, noted: “While we have had a very strong take up to all our regional titles, readers were asking if we could amalgamate the top stories into one brand. Naftrade is our chance to go global.”
Please visit Naftrade at the following web address: www.naftrade.com
About Asia Shipping Media
Founded in 2012 in Singapore by maritime media veterans Grant Rowles and Sam Chambers Asia Shipping Media (ASM) is the publisher of global title Maritime CEO, as well as SinoShip magazine and SinoShip News, Southeast Asian portal, SeaShip News and Middle East site GulfShip News. ASM also hosts exclusive business breakfasts and shipowner roundtable lunches.