Five Takeaways from Discover+: Maritime Webinar

The Singapore Maritime Foundation (SMF) and Advisory Singapore co-organised the Discover+: Maritime webinar on 18 January 2022. The webinar highlighted sustainability initiatives and opportunities in maritime and featured the following speakers:
Missed the session? Let us share five takeaways:
It is possible to be commercially successful yet sustainable
There is a misconception that building a profitable business must come at an environmental cost. However, this is not a zero-sum game, and it is possible to simultaneously pursue economic gains while protecting the earth.
With the increasing awareness around sustainability, organisations–especially shipping companies–are aware of their impact, and desire to do good. Besides openly declaring their commitment to tackling climate change, maritime organisations are putting their words into action by investing in technology that will drive efficient business processes. Such efforts ensure that the emissions regulations and standards set by the International Maritime Organisation (IMO) are adhered to.
Nonetheless, change cannot be driven by a single organisation and requires an industry-wide effort. Collaboration and cooperation between business partners are pre-requisites of achieving sustainable outcomes. Standard Chartered, for example, is dedicated to achieving net-zero carbon emissions from its financial activities by 2050. They are eager to support clients who are able to show that they have a concrete decarbonisation plan.
Technology As an Enabler of Sustainability
Digitalisation has the potential to accelerate maritime decarbonisation. Today, data-driven insights enable greater efficiency gains on ships as well as at ports. Advancements in science and technology will also catalyse shipping’s quest for greener fuels of the future.
Maritime is a collegial industry
Besides exciting developments such as digitalisation and sustainability, young talent can look forward to being part of a warm and welcoming industry. Maritime is a tightly knit community, having a curious mindset and forging strong industry bonds will bring one far.
Sustainability is an attitude
Sustainability is both a skill and an attitude. While there may not be a specific degree on sustainability in Singapore, it is always possible to train on the job (as a sustainability practitioner) as fundamental skills such as programme management are transferable.
Opportunities abound in maritime
The maritime industry in Singapore is a dynamic ecosystem that comprises shipping as well as adjacent services such as finance, law, insurance, and more. Maritime is also part of a broader logistics and supply chain system that ensures that vital goods and supplies continue to reach economies around the world, allowing us to live our lives as normally as possible despite severe disruptions caused by the COVID-19 pandemic. In this thriving ecosystem, career opportunities abound.
Want to design sustainable solutions for maritime? Here is your chance to do so through the MSC Maritime Case Summit Challenge where you will also stand a chance to secure internships with leading maritime firms and win attractive cash prizes!

Inaugural MSC Maritime Digital Challenge Grand Finals Prize Presentation

Over 129 tertiary students across 35 teams took part in the inaugural MSC Maritime Digital Challenge that seeks to plug Singapore students with a passion for technology into the maritime industry.
Students from the Singapore Management University and Nanyang Polytechnic were announced as winners of the challenges posed by Eastport Maritime, Kanda and Torvald Klaveness at the Prize Presentation held on 13 November 2021.

MSC Maritime Digital Challenge 2021

Three challenge statements, 35 teams, 129 students and 12 finalist teams from 4 universities & 3 polytechnics. Catch behind-the-scene highlights of the MSC Maritime Digital Challenge 2021.

Singapore Maritime Foundation | MSC Maritime Digital Challenge 2021

Catch highlights of the MSC Maritime Digital Challenge 2021. We thank Senior Minister of State, Ministry of Transport Mr. Chee Hong Tat for being our Guest-of-Honour at the event.

SMF New Year Conversations 2022: Year-in-Perspective Video

The past two years of learning to live with Covid-19 has been challenging, but Maritime Singapore has remained resilient. What are the fundamental tenets that attract companies to anchor their business in Singapore and grow their operations here? And what more can be done to leverage on Singapore’s strengths to enhance its attractiveness as a global business hub for maritime companies? How will the Singapore Maritime Foundation organize its work around Connectivity, Innovation and Talent to strengthen the maritime ecosystem? Find out in this Year-in-Perspective video.

SMF New Year Conversations 2022: Opportunities Amid Disruptions

The 2022 SMF New Year Conversations that took place on 13 January 2022 was graced by Guest-of-Honour Mr S Iswaran, Minister for Transport & Minister-in-charge of Trade Relations. Over 250 industry leaders across the breadth of maritime attended physically and virtually.
Singapore was announced to have secured the overall top spot as an international maritime centre for the fifth consecutive time in the DNV-Menon Leading Maritime Cities 2022 report.
Thank you to our industry partners for your strong support.

Mr. Lars Kastrup

CO-PRESIDENT & EXECUTIVE DIRECTOR, PACIFIC INTERNATIONAL LINES

Mr. Lars Kastrup is the Co-President and Executive Director of Pacific International Lines (Pte) Ltd (PIL).
Prior to joining PIL, Mr. Kastrup was CEO of NOL/APL, and subsequently assumed the role of Executive Vice President, Strategy and M&A at CMA CGM Group. A veteran in the global shipping industry with over 30 years of experience, Mr Kastrup’s other roles include Executive Vice President of Assets at CMA CGM Group heading up CMA Terminals, CMA Ships, Container Logistics as well as regional carriers such as MacAndrews, OPDR and Mercosul; as well as Vice President at AP Moller-Maersk.
Mr. Kastrup complemented his tertiary education with leadership and management training at Penn State University and The Wharton School at the University of Pennsylvania.

Ms. Angeline Teo

MANAGING DIRECTOR & HEAD, GLOBAL TRANSPORTATION & OFFSHORE, OCBC BANK

Ms. Angeline Teo is the Managing Director and Head of Global Transportation and Offshore, Global Corporate Banking at OCBC Bank which focuses on the maritime, aviation, land & port ecosystems.
Ms. Teo has spent over three decades in maritime finance. Prior to OCBC, Ms. Teo was working at ING Bank, ABN Amro and DnB in Singapore focusing on maritime and offshore.
Ms. Teo graduated from the National University of Singapore with a degree in Business Administration.

Mr. John Martin

CHIEF EXECUTIVE OFFICER, GARD SINGAPORE

Mr. John Martin began his career in London in 1989 with Richards Hogg Lindley Average Adjusters, and qualified as a Fellow of the UK Association of Average Adjusters in 2000.
At RHL he worked in their offices in Australia, Taiwan and Hong Kong. In 2003 he joined Gard Hong Kong, as a claims handler. Mr. Martin also worked in Gard Japan, and in 2014 he moved to Singapore to set up the Gard Singapore office.
Besides running Gard Singapore, Mr. Martin also heads the P&I and H&M claims units and is the Senior Claims Representative for Gard in Asia.

Mr. Cyril Ducau

CHIEF EXECUTIVE OFFICER, EASTERN PACIFIC SHIPPING

Mr. Cyril Ducau is the Chief Executive Officer of Eastern Pacific Shipping Pte Ltd, a leading shipping company headquartered in Singapore for the past 30 years.

He is also currently the Chairman of Kenon Holdings Ltd and a member of the board of directors of Gard P&I (Bermuda) Ltd. and of the Global Centre for Maritime Decarbonisation Limited, which was established by the Maritime and Port Authority of Singapore. He was previously Head of Business Development of Quantum Pacific Advisory Limited in London from 2008 to 2012 and acted as Director and Chairman of Pacific Drilling SA between 2011 and 2018.
Prior to joining Quantum Pacific Advisory Limited, Mr. Ducau was Vice President in the Investment Banking Division of Morgan Stanley & Co. International Ltd. in London between 2000 and 2008.
Mr. Ducau graduated from ESCP Europe Business School (Paris, Oxford, Berlin) and holds a Master of Science in business administration and a Diplom Kaufmann.