NTU Students Crowned Champions at the 2nd MSC Maritime Summit Case Challenge Organised by the Singapore Maritime Foundation

10 October 2020

The Singapore Maritime Foundation (SMF) announced Team RotterRamp from the Nanyang Technological University as the winners of the 2020 MSC Maritime Summit Case Challenge. Organised by the Maritime Singapore Connect (MSC) Office, a unit under SMF, together with leading maritime companies – PACC Offshore Services Holdings (POSH), PSA Corporation and Thome Group, this initiative provides undergraduates deeper insight into the maritime industry by challenging them to overcome real-world business obstacles, as part of the industry’s efforts to attract young talent.

The Case Challenge drew participation from 126 undergraduates across four local universities – an encouraging increase from 117 participants at the inaugural event in 2019. 70% of the participants, were from non-maritime disciplines, reflecting a growing interest in the maritime industry among students.

The winning team comprising Mr Khor Yi Xuan, Mr Ho Yao Kang and Mr Tan Yeow You had impressed the judges in the Preliminary Round for their proposal to POSH on the development of the world’s smartest and greenest floating hotel. Participants also submitted proposals for PSA’s case on integrating digital sustainability in the logistics supply chain, as well as Thome Group’s case on shaping an effective maritime safety culture. While the quality of submissions was high, the three finalist teams differentiated themselves at the Preliminary Round with their thoroughness and creativity of their proposed ideas, going the extra mile to understand the operations of the maritime industry and how their ideas could be tailored for real-world applications.

For the Grand Finals, Team RotterRamp beat two other teams from NTU and NUS in a 24- hour challenge to propose ideas on how the maritime industry can continue to attract and develop talent post COVID-19 to maintain Singapore’s position as the top maritime centre in the world. Their proposal offered short and long-term solutions to strengthen the industry’s overall branding, with their strategic use of media and reference to case studies from other industries particularly impressing the panel of judges.

Apart from cash prizes, the top three teams were offered internships with the three participating companies and had the exclusive opportunity to engage with senior maritime leaders through company tours and dialogue sessions.

Mr Khor, Team Captain of RotterRamp, said, “We wanted to challenge ourselves as we have not participated in a team competition before. From this experience, we learned that creativity is vital in order to stand out, and we gained a deeper understanding of Singapore’s maritime industry and the array of fulfilling careers it offers. The maritime leaders whom we spoke to were also very willing to share their insights and we felt very welcomed. We really look forward to being a part of such an important and significant industry.”

Mr Kenneth Chia, Executive Director of SMF, said, “The MSC Maritime Summit Case Challenge is aimed at cultivating an appreciation for the industry among participants. The increased number of sign-ups and high quality of submissions received this year point to a resounding success that builds upon the success of the inaugural iteration of the event in 2019. Participation from diverse disciplines is also a heartening sign that the industry’s awareness initiatives are paying dividends. With the maritime industry primed to continue playing a role in the success of Singapore, talent attraction and development remain a key focus of SMF, and we will continue to enhance our efforts in building a sustainable pipeline of talent for the industry’s growth.”

The maritime industry is a key pillar contributing to about 7% of Singapore’s GDP. COVID-19 related disruptions have served to emphasise the importance of business continuity in the maritime industry and have accelerated an urgency to boost its resilience through digital transformation. This raises a need for the continuous development of the existing workforce and the attraction of young talents with diverse backgrounds to build a future-ready workforce.

The MSC Office’s work lies in connecting students and jobseekers across disciplines to maritime internship and career opportunities, in order to support the industry’s growth and maintain its competitive advantage. The MSC website (www.maritimesgconnect.com) where students and jobseekers can find out more information on maritime opportunities also features a resume depository, with over 6,200 submissions since its launch.

About SMF

Established in 2004, the Singapore Maritime Foundation (SMF) is a private-sector led organization 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 is overseen by its Board of Directors which comprises prominent leaders in the Singapore maritime community. For details, visit https://smf.24kdesigns.com.

About MSC Office

Maritime Singapore Connect (MSC) was set up in 2016 to elevate profiling efforts of the maritime industry, connect students and jobseekers to maritime opportunities, and provide Singaporeans with easy access to maritime careers, education and training opportunities. As a unit under the Singapore Maritime Foundation (SMF), MSC serves as a central node connecting maritime employers, industry associations, schools and government agencies with students and jobseekers. It offers maritime-related education and career guidance, links the industry with schools for internship and job opportunities and organises outreach events and publicity campaigns.

For details, please visit www.maritimesgconnect.com.

Media Contacts

Corporate Communications Department
corpcomms@sgmf.com.sg

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Mr. Lars Kastrup

CHIEF EXECUTIVE OFFICER, PACIFIC INTERNATIONAL LINES

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

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.