Investing in Human Capital and Digitalisation Key for Success: HR and Business Leaders Discuss the Post-Pandemic Future of Singapore’s Maritime Industry at MSC Connexions Forum

11 November 2020

Annual forum was attended by over 100 attendees as speakers weighed in on the current business climate as well as the business and hiring impact on the Maritime sector

The digital revolution has transformed the world on all levels, impacting traditional work processes and the dynamics between business leaders and their employees. This has made it imperative for Human Resource (HR) leaders to implement new strategies for nurturing talent and employee engagement as the workplace rapidly evolves. Leaders in the maritime and HR sectors weighed in on the current business climate, discussing insights into the future of Singapore’s maritime industry at the 2020 MSC Connexions Forum held on 9 November.

Organised by the Maritime Singapore Connect (MSC) Office, a unit under the Singapore Maritime Foundation (SMF), the annual MSC Connexions Forum saw over 100 attendees in the virtual conference, ranging from HR business leaders, maritime professionals, career counsellors at Institutes of Higher Learning (IHLs) as well as representatives from government and industry associations. Notably, there was an 6% increase in HR participants for this year’s Forum as compared to last year’s event.

In his opening address, Mr Andreas Sohmen-Pao, Chairman of SMF and BW Group, said: “The maritime industry is crucial in ensuring that global supply chains continue to function. The role of HR is more important than ever to ensure that our teams are designed to respond to new circumstances. Matching skills to jobs has similarly become an urgent task. Labour markets are not always efficient in ensuring that people find the right jobs, and the MSC Office was established with just such a purpose – to assist fresh graduates and mid-careerists in securing employment with maritime companies.”

Mr Ang Wee-Tiong, CEO & Founder of JobTech, delivered the Forum’s keynote speech. JobTech data pointed to a shift away from maritime related skillsets for hiring activity within the maritime sector, a development that could potentially serve to lower perceived barriers to entry into the maritime sector by appealing to jobseekers without a maritime background. “Maritime employers were found to have primarily focused on Sales, Business Development, and Marine Insurance in 2020, while project engineers and port operations were in high demand in 2019. Soft skills such as in Project Management, Communication, and Coordination – highly prevalent in the local workforce – are currently the skillsets most highly valued by the maritime industry,” said Mr Ang.

One other highlight of the forum was a panel discussion featuring HR and maritime leaders, namely, Ms Sumita Tandon, Director HR Business Partner of LinkedIn Talent and Learning Solutions Asia Pacific, Ms Ng Hwee Leng, Director of People and Organisation of IMC Industrial Group, Mr Mark Ko, Executive Director of Tian San Shipping (Pte) Ltd., and Mr Mayank Parekh, Chief Executive Officer of the Institute for Human Resource Professionals. Topics discussed among the panellists included the importance of HR in a post COVID-19 reality and the impact of the pandemic on businesses and employees.

While HR is set to play a continued role in attracting and cultivating future-ready talent in line with the industry’s digital transformation, the panellists discussed how its role has also expanded to include working with business leaders to drive meaningful employee engagement aimed at safeguarding employee physical and mental well-being, identified as critical to continued success. Pandemic containment measures such as Work From Home have led to the loss of social interaction and upended work-life balance.

Another key takeaway from the panel was how data-driven insights could provide business and HR leaders with more clarity on the future direction of the organisation, with COVID-19 having accelerated a broader acceptance of digital-first innovations and processes. However, panellists also noted that it would be essential for data to be analysed by experienced individuals who possess the expertise to draw the right insights. This makes it more important for the industry to seek young talents who are generally more technologically-savvy and to adopt a growth mindset towards digitalisation and innovation necessary to turn adversity into opportunity.

Reaffirming the insights shared by the other speakers, the Forum also featured a sharing session by Ms Keidi Tay, a PE teacher turned maritime coder. The frontend developer at ShipsFocus shared her motivations on making what many may see as a risky mid-career switch from the education sector, as well as her experiences in her current role at ShipsFocus. She decided to join ShipsFocus as the organisation offered a structured training programme that could help boost her career growth. Having spent some time in the industry, Keidi also spoke about the diverse career paths the industry offered, and how the global nature of the industry enables joiners to meet people from all walks of life.

Singapore’s maritime industry has focused significantly on digitalisation and talent attraction in recent months. A collaboration between Maritime and Port Authority of Singapore (MPA), SkillsFuture Singapore (SSG), Workforce Singapore (WSG), the Singapore Shipping Association (SSA) and various maritime companies and institutes of higher learning (IHLs) is set to provide up to 1,000 traineeships, company attachments and training opportunities under the SGUnited Jobs and Skills Initiative. These are open to Singapore citizens and permanent residents to support the transformation of the maritime sector. Aside from talent development efforts, the Ministry of Transport has recently announced a roadmap for the bunkering sector to guide companies’ digitalisation plans and investments.

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/.

About MSC Office

The Maritime Singapore Connect (MSC) Office was set up in 2016 to elevate profiling efforts of the maritime industry, connect students and jobseekers to maritime opportunities, and provide Singaporeans with easy access to maritime careers, education and training opportunities.

As a unit under the Singapore Maritime Foundation (SMF), the MSC Office serves as a central node connecting maritime employers, industry associations, schools and government agencies with students and jobseekers. It offers maritime-related education and career guidance, links the industry with schools for internship and job opportunities and organises outreach events and publicity campaigns.

For details, please visit www.maritimesgconnect.com.

Media Contacts

Corporate Communications Department
corpcomms@sgmf.com.sg

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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.
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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.