SMF City Cycle 2024: Bringing Maritime Singapore Together

Held in conjunction with Singapore Maritime Week 2024, the SMF City Cycle 2024 saw 150 cyclists representing Singapore’s diverse maritime ecosystem gather to ride in support of nurturing future maritime leaders, as part of the Singapore Maritime Foundation’s 20th anniversary celebrations to mark 20 years of driving public-private partnerships.

Thanks to the generosity of 68 sponsoring companies, a total of $542,000 was collectively raised to create more MaritimeONE scholarships and bursaries to support the educational aspirations of our youths who will catalyse the transformation of Maritime Singapore.  

Group photo of MaritimeONE Scholars with SPS Baey Yam Keng and SMF Board Members

On the morning of 13th April, PAssion Wave @Marina Bay was a sea of blue as cyclists wheeled their bicycles in their event t-shirts. It was smiles all around with participants taking this opportunity to rekindle friendships and connect with new faces. Joining the corporate cyclists in this 20km recreational cycle were 20 MaritimeONE scholars coming from diverse disciplines and various Institutes of Higher Learning (IHLs).


The event commenced with SMF Chairman Mr. Hor Weng Yew taking the stage to thank the cyclists and sponsors for their generous support. 

Mr. Hor thanks the industry for their contributions in his speech.

In his opening remarks, Mr. Hor commended the camaraderie and unity of the maritime industry in partnering SMF to attract, engage and develop talent. “The SMF City Cycle brings Maritime Singapore together for a cause that the community cares deeply about. On behalf of the SMF Board, I would like to thank our partners across Maritime Singapore who share a common cause and conviction to grow a pipeline of talent for the sector, and to SMF for bringing us all together,” Mr. Hor remarked.


There was an air of excitement as Guest-of-Honour Mr. Baey Yam Keng, Senior Parliamentary Secretary, Ministry of Transport and Ministry of Sustainability, graced the event and delivered a welcome address.

SPS Baey encourages the industry and MaritimeONE scholars to continue driving the sector’s transformation in the welcome address.

SPS Baey announced the total amount raised through the SMF City Cycle 2024 and commended the industry for giving students the opportunities to pursue their educational and career aspirations in the maritime sector.


To the MaritimeONE scholars, SPS exhorted, “Just as you have benefitted from the opportunities given to you through the scholarship, please pay it forward – share your passion for and interest in the maritime sector with others; create opportunities and help your peers in whatever ways you can. Someday, many of you will be leaders in the maritime industry. When that time comes, please continue to support MaritimeONE programs so that future generations will also be able to access the same opportunities you have received.”

SPS Baey & Mr. Hor officiate the flag-off for the 150 cyclists.

After the speeches and safety briefing, SPS Baey and Mr. Hor flagged off the first wave of excited cyclists. The route, which began at PAssion Wave @ Marina Bay, took participants along Singapore’s picturesque eastern coastline where they enjoyed panoramic views of the sea lit up by a radiant sunrise.

Cyclists enjoying the leisure ride along Gardens by the Bay to East Coast Park.

Upon completing the 20km route, participants joined the breakfast reception at Kontiki Café and had a great time mingling with industry colleagues.

SMF Board Member Mr. Jeremy Sutton catches up with industry colleagues over breakfast ahead of a busy Singapore Maritime Week 2024.

Key Reflections on the SMF City Cycle 2024

SMF Executive Director Ms. Tan Beng Tee with colleagues from Mitsui O.S.K Lines Mr. Irisawa Hideyuki (left) and Mr. Terence Wong (right).

The SMF City Cycle 2024 was a powerful reminder of finding strength in unity. The collective effort of 68 maritime organizations across the ecosystem affirmed a whole-of-industry commitment to sustaining and expanding the maritime industry’s talent pool. Such vibrant industry cohesiveness is a hallmark of Maritime Singapore that adds to its attractiveness as a leading international maritime centre for global businesses to anchor and grow their operations. 

If you are keen to partner SMF in our suite of talent development programmes, check out these links to get started:


Inaugural MSC Maritime Digital Challenge Grand Finals Prize Presentation

Over 129 tertiary students across 35 teams took part in the inaugural MSC Maritime Digital Challenge that seeks to plug Singapore students with a passion for technology into the maritime industry.
Students from the Singapore Management University and Nanyang Polytechnic were announced as winners of the challenges posed by Eastport Maritime, Kanda and Torvald Klaveness at the Prize Presentation held on 13 November 2021.

MSC Maritime Digital Challenge 2021

Three challenge statements, 35 teams, 129 students and 12 finalist teams from 4 universities & 3 polytechnics. Catch behind-the-scene highlights of the MSC Maritime Digital Challenge 2021.

Singapore Maritime Foundation | MSC Maritime Digital Challenge 2021

Catch highlights of the MSC Maritime Digital Challenge 2021. We thank Senior Minister of State, Ministry of Transport Mr. Chee Hong Tat for being our Guest-of-Honour at the event.

SMF New Year Conversations 2022: Year-in-Perspective Video

The past two years of learning to live with Covid-19 has been challenging, but Maritime Singapore has remained resilient. What are the fundamental tenets that attract companies to anchor their business in Singapore and grow their operations here? And what more can be done to leverage on Singapore’s strengths to enhance its attractiveness as a global business hub for maritime companies? How will the Singapore Maritime Foundation organize its work around Connectivity, Innovation and Talent to strengthen the maritime ecosystem? Find out in this Year-in-Perspective video.

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


Mr. Lars Kastrup is the Chief Executive Officer 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


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.
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


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.