Over 300 Maritime Leaders Joined Guest-of-Honour, Mr. Lui Tuck Yew, Minister for Transport, at the Singapore Maritime Foundation (SMF) New Year Cocktail Reception 2015 at Conrad Centennial Singapore to Usher in the New Year

01 January 2015

Maritime Singapore continues to do well despite the global challenges faced by Singapore’s maritime industry in 2014.

Minister for Transport, Mr Lui Tuck Yew ushered in the new year with over 300 maritime leaders from the private and public sectors, as the Guest-of-Honour, at the annual New Year Cocktail Reception organised by the Singapore Maritime Foundation (SMF).

Held at Conrad Centennial Singapore, top maritime leaders from both the private and public sectors graced the high-level networking function. They include Mr Pang Kin Keong, Permanent Secretary of the Ministry of Transport, Board Members of the Singapore Maritime Foundation, and leaders of the maritime industry.

Since the inception of SMF in 2004, SMF has been working in sync with the public and private sectors of the maritime community to spearhead new initiatives to propel Singapore towards its vision to be an international maritime centre and attract talents to pursue maritime education and maritime careers.

In his opening address, Mr Michael Chia, SMF Chairman, highlighted some of the Foundation’s key initiatives to boost the development of Maritime Singapore in 2014. Some of these initiatives include the MaritimeONE Scholarship Programme, the inaugural Singapore Ministerial Maritime Dialogue, the Little Red Dot Reading Passport Sponsorship Programme, and the Maritime Profiling Video, a project commissioned by SMF with the help of various industry partners, to showcase 11 actual maritime professionals across various sectors at work. Please refer to Appendix A for more information on SMF’s key initiatives.

He also urged the Singapore maritime community to look forward to the upcoming Sea Asia conference and exhibition from 21 to 23 April 2015 – the iconic maritime event of Singapore and SMF’s flagship event during Singapore Maritime Week.

“This will be our fifth edition where we are expecting some 14,000 participants, with a 40 per cent increase in exhibition space across two floors at the Marina Bay Sands Singapore. We look forward to your support and presence at this flagship event,” said Mr Michael Chia, SMF Chairman. Please refer to the press kit for the transcript of the speech.

In his speech, Minister Lui highlighted the overall performance of the Singapore maritime industry and port performance in 2014. He also shared insights about key initiatives to strengthen Maritime Singapore. Please refer to the press kit for the transcript of the speech.

2015 looks to be a busy year ahead for SMF. Apart from Sea Asia 2015, the third edition of the Singapore Maritime Services Guide will be launched during the Singapore Maritime Week. The publication seeks to showcase the diversity of maritime ancillary services in Singapore through a listing of maritime companies across various specialisations ranging from Bunkering, Law & Arbitration, Finance, and Classification Societies to Shipbrokers, Ship Surveying, Marine & Offshore Engineering amongst others.

About Singapore Maritime Foundation

The Singapore Maritime Foundation (SMF) was established on 27 January 2004 to facilitate dialogue and cooperation among maritime stakeholders from the public and private sectors. As the bridge between the public and private sectors, SMF aims to provide the industry with a clear and representative voice, and spearhead projects to boost its development.

SMF also organises and participates in a host of maritime events to strengthen the Maritime Singapore brand. To date, SMF has significantly benefitted from strong support from all sectors of the industry which has enabled the organisation to reach out directly to the community for new areas of work to improve the current maritime ecosystem.

For details, please visit www.smf.com.sg.

Media Contacts

Singapore Maritime Foundation
Cheryl Lim
(65) 6325 0226


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Mr. Lars Kastrup


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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


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


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


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.
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