Singapore’s Transport Capital continues its recent expansion drive with a new office in New York targeting North American shipowners.

The US office will be headed up by latest recruit — industry veteran Meeyoung Choi — who will also be responsible for markets in South Korea.

Prior to joining Transport Capital, Choi spent the last 12 years as chief executive of South Korea’s Meriel Partners, an investment banking boutique firm specialising in the transportation and infrastructure sectors.