Singapore Maritime Foundation Signs Memorandum of Understanding with Advisory Singapore (Clg) Ltd to Engage Youths for Maritime Talent

04 April 2021

In conjunction with the Singapore Maritime Week 2021, Advisory Singapore (CLG) Ltd and Singapore Maritime Foundation (SMF) today announced the signing of a Memorandum of Understanding (MOU), expressing both parties’ intent to collaborate as partners to support youth development in Singapore and encourage more students to pursue careers in the maritime industry.

Through the MOU, Advisory and SMF will collaborate on careers-related programming for students to learn more about opportunities in the maritime space, as well as profile working professionals in various occupations across the industry to shed light on the types of jobs available.

“Since our founding in 2016, Advisory has remained firm in the belief that we must raise awareness of critical industries and futures trends – from aerospace to advanced manufacturing, food security to cybersecurity – with our students and youth” commented Mock Yi Jun, Co-Founder & President, Advisory. “The maritime industry plays a vital role in Singapore’s economy, and Advisory looks forward to contributing to attracting more students to join the sector. Whether through our industry panels or by profiling professionals in various occupations across the maritime sector; we look forward to working closely with SMF to bridge the gap between the maritime industry and the classroom for students of all walks of life.”

Talent attraction efforts among the younger generations have faced obstacles typically centered around misperceptions of the industry. This is often a result of a lack of exposure and understanding of industry developments and evolutions.

“As a private sector-led body seeking to develop and promote Singapore as an International Maritime Centre, SMF has led various initiatives to support Maritime Singapore’s talent attraction efforts. These include the MaritimeONE Scholarship Programme and the establishment of the Maritime Singapore Connect (MSC) Office,” said Ms Tan Beng Tee, Executive Director, SMF. “Partnering with Advisory allows us to tap into a wide audience of students and work together to achieve our shared aim of supporting youth with a passion to join the maritime industry.”

SMF and its partners have invested considerable efforts to change perceptions via events aimed at education and awareness, an objective that will be furthered by the MOU. As one of the first steps following the MOU, Advisory will be including information pertaining to these events and other related resources in its newsletters distributed among schools and youth groups such as Mendaki and SINDA.

Talent development was recently identified as a key pillar of the maritime sector by Senior Minister of State for Transport and Foreign Affairs, Mr Chee Hong Tat. Speaking at SMF’s New Year Conversations 2021 in January, Minister Chee stated that the digitalisation of the industry would lead to a greater diversity of maritime careers, and that having a sustainable pipeline of talent is essential to the industry’s long-term success.

ABOUT ADVISORY SINGAPORE (CLG) LTD

Advisory is a fully youth-led non-profit dedicated to empowering young Singaporeans to make informed career and further education choices. By breaking down the barriers that young people face in finding out about their fields of interest, Advisory endeavours to level the playing field and support youth to pursue their passions. Since its founding in 2016, Advisory has supported over 114,000 youth. Find out more about Advisory here.

ABOUT SINGAPORE MARITIME FOUNDATION (SMF)

Established in 2004, the Singapore Maritime Foundation (SMF) is a private sector-led organisation that aims to develop and promote Singapore as an International Maritime Centre (IMC), forging partnerships with the public and private sectors. SMF’s initiatives aim to strengthen the cluster, attract young talent to the industry, and support work on important issues such as decarbonisation. SMF’s Board of Directors comprises prominent leaders in the Singapore maritime community. Find out more about SMF here.

Media Contacts

Advisory Singapore (CLG) Ltd
JUSTIN QUEK
Deputy President (External)
justin@advisory.sg
Singapore Maritime Foundation
TAN YANCHANG
Precious Communications
smf@preciouscomms.com

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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.