GAC Marine Logistics aims to be the world's leading provider of ship spares logistics by its 10th anniversary. It recently expanded its Asia operations by establishing a new team in Singapore led by Kenneth Bybjerg. This will allow the company to better serve clients in Asia seeking global sourcing of ship spares. GAC Marine Logistics is also planning further expansions in Hong Kong and Europe. The company has experienced strong yearly revenue growth, including 80% in the first half of 2006, due to its specialized expertise and network provided by collaborating with other GAC business units.