Singapore Maritime Foundation and Pertamina International Shipping Asia Pacific Cooperate to Build Maritime-ready Talent Pool

July 5, 2024

Both organisations sign a Memorandum of Understanding to create more opportunities for youths and young adults to connect with the maritime industry

Singapore, 5 July 2024 —The Singapore Maritime Foundation (“SMF”) and Pertamina International Shipping Pte Ltd (“Pertamina International Shipping Asia Pacific” or “PIS AP”) signed a Memorandum of Understanding (MOU) to cooperate in creating more opportunities for youths and young adults to connect with the maritime industry—a vital economic sector at the nexus of world trade and the global supply chain.

Under the MOU, PIS AP aims to offer one (1) MaritimeONE Scholarships, two (2) MaritimeONE Internships, and sponsor one (1) MaritimeONE Case Competitions prizes over a five-year period from 2024-2028. In all of the above, SMF will provide secretariat support to organise and market the programmes to the talent pool.

“The Singapore Maritime Foundation curates and spearheads a series of targeted talent development programmes under the MaritimeONE umbrella, which signifies the industry coming together as one for a cause that all of us care deeply about. I warmly welcome Pertamina International Shipping Asia Pacific as a partner in our shared mission to build a talent pool for the industry, particularly at this exciting juncture as we prepare the workforce for the transformational changes that are taking shape,” said Mr. Hor Weng Yew, Chairman, Singapore Maritime Foundation. 

“Pertamina International Shipping Asia Pacific is deeply happy to collaborate with the Singapore Maritime Foundation to demonstrate not just in words but in action in its commitment towards building a talent pool for the industry and to sincerely provide support and opportunity for the Maritime Singapore community,” said Pak Muhamad Resa, Managing Director, Pertamina International Shipping Asia Pacific.

The MOU was signed by Mr. Hor Weng Yew, Chairman, Singapore Maritime Foundation and Pak Muhamad Resa, Managing Director, Pertamina International Shipping Asia Pacific.


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

About Pertamina International Shipping Asia Pacific (PIS AP)

Established in 2018, PIS AP has two business representative offices in Asia Pacific and Middle East to serve the growing needs of its international clients with its vessels sailing in 50 international routes throughout the globe. PIS AP continuously aims to grow and strengthen with highly capable, experienced professionals, and wide-ranging fleet and facilities. PIS AP’s parent company, PT Pertamina International Shipping (PT PIS) was established in 2016, and subsequently in 2021 appointed as a Sub-holding Integrated Marine Logistics (IML) of PT Pertamina (Persero), Indonesia’s state-owned energy company, carrying out all shipping, marine services and logistics businesses. PT PIS aims to become Asia’s leading marine company reflecting commitment towards excellence, innovation and sustainability in the maritime industry. For details, visit

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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.

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