Wilhelmsen Ship Management is shifting its global headquarters from Kuala Lumpur to the maritime hub of Singapore.

The company has been running out of the Malaysian capital since 2008 and has a staff of over 200 in the city.

For now only selected management teams will relocate to the Lion City.

Carl Schou, president of Wilhelmsen Ship Management, explains the change will put the company closer to its clients and future markets.