Maritime Industry Leaders Gather In-person for Singapore Maritime Foundation’s New Year Conversations 2022

01 January 2022

Singapore ranked Top Leading Maritime City of the World for fifth consecutive time in DNV-Menon Leading Maritime Cities of the World 2022 report launched at the event

More than 250 of Singapore’s industry leaders across the maritime ecosystem gathered in-person at the Singapore Maritime Foundation New Year Conversations 2022.

Gracing the event as the Guest-of-Honour was Mr. S. Iswaran, Singapore’s Minister for Transport and Minister-in-charge of Trade Relations. In his speech, Mr. Iswaran said, “Maritime Singapore has shown itself to be resilient despite the challenges of the pandemic over the past two years. I am confident that the continued strong tripartite partnership between the Government, industry and unions will see us through the recovery phase and allow Maritime Singapore to emerge even stronger.”
A highlight of the evening was a panel discussion on key challenges the industry faces, and the opportunities amid disruptions in the post-pandemic world. The panel discussion was chaired by Mr. Hor Weng Yew, Chairman of the Singapore Maritime Foundation and comprised Mr. Jeremy Nixon, CEO of Ocean Network Express (ONE); Ms. Quah Ley Hoon, Chief Executive of the Maritime and Port Authority of Singapore (MPA); Mr. Tan Chong Meng CEO of PSA International; Mr. Lars Kastrup, CoPresident & Executive Director of Pacific International Lines (PIL); and Mr. Loh Boon Chye, CEO of the Singapore Exchange (SGX).
The programme culminated in the global launch of the 2022 edition of the Leading Maritime Cities of the World report co-developed by DNV and Menon Economics. In the latest edition of the report, Singapore secured the overall top spot as an international maritime centre.
Commenting on the report, Mr. Hor said, “Maritime Singapore’s recognition in the DNV-Menon Leading Maritime Cities of the World 2022 report is a testament of the cohesiveness of the industry players across the ecosystem. The willingness of industry players to collaborate on common challenges—whether it is to address maritime decarbonisation or to support talent development—cannot be taken for granted. The Singapore Maritime Foundation will continue to work with the industry to build connectivity, foster innovation and nurture talent to sustain the growth of the sector.”

About the Singapore Maritime Foundation (SMF)

Established in 2004, the Singapore Maritime Foundation is a conduit between the public and private sectors to accomplish the twin mission of developing and promoting Singapore as an International Maritime Centre (IMC); and to attract, engage and grow a talent pipeline to position Maritime Singapore for continued growth. For details, visit www.smf.com.sg

Media Contacts

David Lee
davidlee@sgmf.com.sg
+65 9119 8044
Angelene Yong
angeleneyong@sgmf.com.sg
+65 8299 2330

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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.