Transport Capital has hired shipping finance veteran Vijay Kamath as its new shipping head for South East Asia, South Asia and the Middle East.

Kamath’s appointment at the Singapore-based investment management and financial advisory firm reunites him with Philip Clausius, who he worked closely with at First Ship Lease for five years.

Vijay Kamath has joined Transport Capital as its's new new shipping head for South East Asia, South Asia, and the Middle East. Photo: Transport Capital

Clausius, who founded Transport Capital in 2014 and is managing partner, said he was “very pleased to work with him [Kamath] once more after the joint experience we gained at our previous company”.

“About a year ago, we embarked on an expansion strategy by starting to add key hires in important markets,” Clausius said. "Vijay joining us is another important step in that direction.

“We will continue to grow our team opportunistically; if and when we feel that professionals can provide complementary skills, experience or reach.”

Kamath said that joining the company gave him an opportunity to “work alongside a team which has impressive operational and financial expertise across the globe”.

“Since I know many of the team at Transport Capital very well for many years, it was an easy decision for me once the opportunity arose,” he said.

Kamath joins with 28 years of shipping and finance experience, including 12 years as joint general manager at Essar Shipping and two years as chief financial officer of BW LPG.

In addition to the five-year stint as chief commercial officer at FSL, Kamath’s resume also includes senior roles at the National Bank of Fujairah and Cleaves Asia.