Internships: How They Uncover New Career Interests

Currently pursuing a Bachelors degree in Accountancy and a Second Major in Finance with International Trading Track (ITT) at the Singapore Management University, MaritimeONE scholar Kenix Ho decided to take a lesser-known route by venturing into maritime. This voyage has allowed her to interact with people from all walks of life and rare opportunities such as an internship with the BW Group.

Having completed two internships with BW Group, she shares with SMF on how these experiences have shaped her.

What was your role in BW Group and what projects did you handle?

At the winter before last, I worked in a tax related role, and I have just completed a corporate finance internship this past winter. In my first internship, I provided tax consulting and advisory for different BW functions and highlighted the tax implications behind business decisions. I also assisted in declarations to the Maritime and Port Authority of Singapore (MPA). 

As a corporate finance intern, I handle vessel financing where I prepare and submit information on future project funding to banks.

It is interesting that you have interned in two different roles. Why did you choose to go for a different role this time?

Dabbling in different roles within maritime has allowed me to see what I am suited for and sieve out my interests. Modules that I enjoyed in school can often be quite different in practice. Before my internships, I did not have much prior knowledge on tax and corporate finance as I had yet to take the relevant modules in school. The internship gave me a clearer idea of shipping finance as I was able to experience first-hand what goes on behind the scenes of a company’s operations. 

You mentioned that you did not take modules related to your internship role prior. How did you cope with that?

I only took tax related modules after my tax internship. Without the relevant background knowledge, I experienced a steep learning curve. However, I was able to keep up with the fast pace in school when I eventually took the module in the following semester. My internship experience provided me with sufficient knowledge which allowed me to excel in the course.

After my first internship experience, I decided to read up on corporate finance before assuming this role so that I am well prepared.

What was the biggest takeaway from your internship?

I am beyond grateful for the relationships forged and my internship experience has exposed me to like-minded people. People in the maritime industry are so passionate and it’s always a joy to hear their stories.

How has the internship broadened your perspective of the maritime industry?

Without the internship, I would not have been able to come so far in the industry. Back when I was a freshman, it never crossed my mind to enter maritime but after my internship experiences, I have been exposed to the wide spectrum of maritime.

Through the internships, I developed a passion in commodity trading and a keen interest in shipping operations. The internship helped me to better understand things that are close to us such as the transportation of goods that play a vital role in our supply chains. 

Lastly, do you have any advice for your juniors?

As undergraduates, your future career path may be blurry. Internships will allow you to gain clarity of what you want to do in the future. It also provides you with technical hard skills and soft skills such as communication and teamwork.

These experiences will provide you with an edge in interviews. Not only do you have the theoretical knowledge, but you will also be able to draw upon real-life encounters and impress hiring managers.

Are you ready to apply your knowledge into real-life situations? This is your chance to explore the maritime industry and be mentored by maritime professions through the MaritimeONE internships. Glean new insights, explore job opportunities and chart your career in maritime through the Maritime Singapore Connect career portal:  https://www.maritimesgconnect.com/

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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.
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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.