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SHIPoWneRS


Serving the industry O


After eight years as president of the Singapore ShippingAssociation, SSTeo is standing down in June


ver the last eight years SSTeo has become one of the most recognised faces in Singapore shipping.Teo was elected


president of the Singapore ShippingAssociation (SSA) in June 2003 and helped steer the association through a period of major growth and internationalisation of Singapore shipping. This June will seeTeo stepping down from the


post of president having served four, two-year terms.“The eight years have been very fulfilling. I am honoured to have served with so many dedicated council members,”Teo says. He notes that over the eight-year period the


Singapore shipping scene has changed.There have been a slew of new initiatives to grow and build up the industry in Singapore including the creation of the Singapore Maritime Foundation (SMF), the setting up of the bi-annual exhibition and conference Sea Asia, and the establishing of MaritimeONE to attract more young people to the industry.There has also been a major influx of international shipowners, operators and supporting services attracted by Singapore’s incentives for the industry. All of these factors have helped grow the


membership of SSA,which now stands at close to 400.“I am fortunate that the government put in more emphasis to grow the industry so that helped grow the membership,” he says. During his time as president of SSA there has


been a major push to raise the voice of Asian shipping globally.Teo believes the SSA is playing a very active role.He notes with pride that the Asian Shipowners Forum (ASF) set up a permanent secretariat in Singapore, backed by the support of its members, the Federation of Asean Shipowners, and the Singapore authorities.“I think it [the Asian voice] is gaining momentum although it takes time.We have to work harder to come together as one cohesive voice,” he says. Teo is keen to see more people from the local


industry getting involved with the association to push the concerns of the industry. “At SSA I find that the foreign members are more active at council, so I hope more local owner and operators can come forward and contribute their time,” he says. If more people come forward to serve he


believes the association will become stronger.“It is


only when the association is strong that you can put your views to the government and the government respects your views,” he adds. DuringTeo’s first term as president the


constitution of the association was amended to limit the presidency to three, two-year terms.He believes this in itself helps the process of renewal and bringing in new blood to the council. AlthoughTeo is standing down as SSA


president, and previously stood down as SMF chairman, after four years as its founding chairman, he plans to remain involved in serving the industry. “Even though I am not in the council or on the board I can be very active through my company.Also I have been asked to chair the Singapore Maritime Institute (SMI) so that is another way of staying engaged with the industry,” he explains. The setting up of the SMI was announced in


October last year and designed to better coordinate maritime education and research among the various institutes. It is somethingTeo strongly believes in and the role of chairman is one he says he accepted with little hesitation.He notes that Singapore has the “hardware” of the industry such as the port but needs to develop more “soft skills”.“I think SMI is the right way. It is trying to bring everybody together.”





The eight years have been very fulfilling. I am honoured to have served with so many dedicated council members.


SS Teo, president, Singapore Shipping Association


’ Seatrade Singapore Report 2011 5


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