Inaugural Meeting of the International Advisory Panel on Maritime Decarbonisation

07 July 2020

While the COVID-19 pandemic has been the primary global issue of the year, decarbonisation continues to be a high priority on Maritime Singapore’s agenda. Maritime Singapore is committed to sustainable international shipping as guided by the targets of the International Maritime Organization (IMO) to reduce total annual greenhouse gas (GHG) emissions from international shipping by at least 50% by 2050.

Supported by the Maritime and Port Authority of Singapore, the Singapore Maritime Foundation has established an International Advisory Panel on Maritime Decarbonisation (IAP) to develop a strategy to support the industry achieve these goals. Chaired by Mr Andreas Sohmen-Pao, Chairman of the Singapore Maritime Foundation, and co-chaired by Mr Wong Weng Sun, Chairman of the Board and Governing Council of the Singapore Maritime Institute, the IAP will discuss pathways to maritime decarbonisation, policies that could help accelerate the transition, and proposed actions to be taken by Maritime Singapore.

Recognising that the topic is cross-disciplinary in nature, the IAP draws on the expertise of leaders from shipping companies, port operators, academia, class societies, insurance and finance players, energy companies, engine makers, shipyards, shipping associations, and government. Please refer to the Annexes for the list of members and the bio-data of Mr Andreas Sohmen-Pao, Chairman of the IAP, and Mr Wong Weng Sun, Co-Chairman of the IAP

Mr Andreas Sohmen-Pao, Chairman of the IAP said, “I am pleased that we have been able to gather a strong group of industry leaders to develop a holistic strategy on maritime decarbonisation. We will look at policy options and enablers that position Singapore to play its part in this global effort.” Mr Wong Weng Sun, Co-Chairman of the IAP added, “Decarbonisation is a multi-faceted issue requiring different perspectives and collaborations. The IAP reflects this, and I look forward to robust discussions with the panel to see how Singapore can become a centre of excellence for maritime decarbonisation efforts.

The IAP convened its inaugural meeting today via videoconference, and was joined by Senior Minister of State for Transport and Health Dr Lam Pin Min, and IMO Secretary-General Mr Kitack Lim.

Singapore is a strong proponent of environmental sustainability and remains committed to helping IMO achieve its goals of sustainable international shipping. As a leading maritime nation, I am glad that Singapore has led the way by forming the IAP on Maritime Decarbonisation to drive such efforts for the maritime industry.

Dr Lam Pin Min, Senior Minister of State for Transport and Health

About the Maritime and Port Authority of Singapore (MPA)

The Maritime and Port Authority of Singapore (MPA) was established on 2 February 1996, with the mission to develop Singapore as a premier global hub port and international maritime centre (IMC), and to advance and safeguard Singapore’s strategic maritime interests. MPA is the driving force behind Singapore’s port and maritime development, taking on the roles of Port Authority, Port Regulator, Port Planner, IMC Champion, and National Maritime Representative. MPA partners the industry and other agencies to enhance safety, security and environmental protection in our port waters, facilitate port operations and growth, expand the cluster of maritime ancillary services, and promote maritime R&D and manpower development.

About the Singapore Maritime Foundation (SMF)

Established in 2004, the Singapore Maritime Foundation (SMF) is a private sector-led organization that aims to develop and promote Singapore as an International Maritime Centre (IMC). As the representative voice for the commercial players of the maritime industry, the Foundation seeks to forge strong partnerships with the public and private sectors of the maritime industry. SMF spearheads initiatives to promote the diverse clusters of the maritime industry in Singapore and at international frontiers, and to attract young talent to join the sector. SMF is directed by its Board of Directors which comprises prominent leaders in the Singapore maritime community. For details, visit https://www.smf.com.sg/.

Media Contacts

Ms Serene Liu
Corporate Communications, MPA
Serene_Liu@mpa.gov.sg
9824 6525
Corporate Communications & Development Department, SMF
corpcomms@sgmf.com.sg
6325 0228

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Mr. Lars Kastrup

CHIEF EXECUTIVE OFFICER, PACIFIC INTERNATIONAL LINES

Mr. Lars Kastrup is the Chief Executive Officer 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.

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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.