Recipient of MSI award @ Singapore International Maritime Awards 2019

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Recipient of MSI award @ Singapore International Maritime Awards 2019

April 8, 2019
By Eileen Lee

The biennial International Maritime Awards (IMA) is a prestigious award ceremony and gala dinner organised by MPA. It recognises individuals and companies for their outstanding contributions to Singapore’s development as a premier global hub port and a leading international maritime centre.

There are four types of awards that have been given to our entities:

Maritime Sector Incentive – Approved Shipping investment Manager ( MSI-ASIM)
Maritime Sector Incentive – Approved Shipping Investment Enterprise (MSI-ASIE)
Maritime Sector Incentive – Approved Special Vehicle (local) – MSI-ASIE (Local ASPV)
Maritime Sector Incentive – Approved Special Purpose Vehicle (Foreign) MSI-ASPV

We have a good track record and demonstrable business plan in respect of our shipping operations in Singapore.

We are also able to demonstrate in its business plan how the shipping operations will generate economic contributions in Singapore through total business spending, undertaking additional activities from Singapore, and ensuring that the strategic or commercial decision making functions will be undertaken in Singapore. The award is being received by our CFO, Mr Tan Kok Peow. Our Chairman, Mr Kenneth Ross, was in town to participate in the event as well.