Singapore Maritime Foundation and International Group of P&I Clubs Cooperate to Promote Marine Liability Education and Training to Singapore Talent Pool

April 22, 2024

Memorandum of Understanding leverages on the unique strengths of each organisation to raise the knowledge of key marine liability topics to youths and young professionals

Singapore, 22 April 2024 —The Singapore Maritime Foundation (SMF) and the International Group of P&I Clubs (IGP&I) on 17 April 2024 signed a Memorandum of Understanding (MOU) to cooperate in the promotion of education and training of marine liability to the Singapore talent pool.

Signed during Singapore Maritime Week 2024, the MOU provides a framework to leverage on the unique strengths and value propositions of each respective organisation for the shared goal of providing high-quality maritime education and the development of talent for the maritime industry.

As part of the cooperation, SMF and IGP&I will work together to design and deliver professional development courses on topics related to marine liability such as introduction to protection & indemnity (P&I) insurance, limitation regimes, claims case studies, safety at sea, liability and compensation, and more.

“A key mission of the Singapore Maritime Foundation is to build a maritime-ready talent pool, and we are glad that the International Group of P&I Clubs resonates with and supports our work. This MOU paves the way for both SMF and IGP&I to leverage on each other’s strengths to promote the maritime sector, raise the knowledge of P&I insurance, and build a maritime-ready workforce,” said Ms. Tan Beng Tee, Executive Director, Singapore Maritime Foundation.

Nick Shaw, Chief Executive Officer of the International Group of P&I Clubs added, “The International Group of P&I Clubs is committed to supporting quality training and development globally within the maritime liability field. We look forward to collaborating with the Singapore Maritime Foundation on the provision of maritime-focused professional education to develop talent in the maritime industry in Singapore and to offer professional development opportunities to the Singapore maritime workforce. Ten out of the 12 International Group Clubs have offices in Singapore reflecting Singapore’s importance as a leading maritime services centre.”

From (L) John Martin, SMF Board Member and CEO, Gard Singapore; Andrew Cutler, Chair, IGP&I and CEO, the Britannia Group; Nick Shaw, CEO, IGP&I; Tan Beng Tee, Executive Director, SMF; and Hor Weng Yew, Chairman, SMF and MD & CEO, Pacific Carriers Limited at the MOU signing between SMF and IGP&I on 17 April 2024

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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 https://www.smf.com.sg/

About the International Group of P&I Clubs (IGP&I)

The International Group of P&l Clubs (the “Group”) comprises 12 not-for-profit mutual   insurance associations which individually insure third-party liabilities relating to the use and operation of ships.  The Group Clubs between them insure nearly 90% of world ocean-going tonnage. There is more information about the Group, and explanatory videos on the strategy and functions of the Clubs and the Group, on the Group website which can be accessed via the following link: https://www.igpandi.org/about

Media Contacts

David Lee
davidlee@sgmf.com.sg
+65 9119 8044

Joshua Ong
joshuaong@sgmf.com.sg
+65 9011 6304

Sophia Boutalbi
Sophia.boutalbi@igpandi.org
+65 9011 6304

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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.
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Mr. Cyril Ducau

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