It plans to expand services in the Middle East and other parts of Asia in the later part of the year. The company said its goal is to establish a presence in 20 countries over the next three years. It was founded by chief executive officer Lars Rosenkrands, who has 20 years of leadership experience in the shipping industry, and chief financial officer Alvin Lo, a certified public accountant. Services being provided by Wave Shipping include port agency support, logistics, travel and crew transfer, reporting and accounting, and customs clearance.

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