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Frank Tsao receives top gong at MPA's awards

Singapore: Five new categories of awards made for an exciting third Singapore International Maritime Awards (IMA) ceremony. 'The new awards serve to recognise.. outstanding contributions in niche areas towards the development of Singapore...as an international maritime centre (IMC),' said  Peter Ong Chairman, Maritime And Port Authority Of Singapore. Pacific International Lines' (PIL) won the  International Maritime Centre Award (Corporate) Award. Speaking to Seatrade, Managing Director Teo Siong Seng, said that as a home-grown player, it was their duty to be part of the IMC  effort. Teo who also heads the Singapore Shipping Association and the Singapore Maritime Foundation, emphaiszed that a shared vision and group effort was necessary in building an IMC. Tan Sri Frank Tsao, the founder and Chairman of International Maritime Carriers Ltd(IMC) was also honoured with the International Maritime Centre Award (for an Individual). IMC moved its operational headquarters and bulk shipping operations to Singapore in the early 1990s. NYK Shipmanagement Pte received an Excellence in Training Development Award.  MD & COO  Aswin Atre reflected that "NYK has been diligent over many years now in training quite a few people worldwide ,but just didn't make too much noise about it".  NYK is rolling out a  US $5million tertiary staff training facility in Singapore  next month. Neptune Orient Lines clinched the SRS Owner of the Year Award. Group President &  CEO,  David Lim, said  "the Singapore registry is globally acknowledged as well-run with a focus on upholding the highest safety and environmental standards, as well as a strict adherence to all major international maritime regulations.  NOL works closely with the registry to ensure our fleet meets and even exceeds world standards ." The other two new awards were the Bunker Award and the Outstanding Maritime R&D and Technology Award. The established Approved International Shipping Enterprise (AIS) introduced 15 years ago, the Approved Shipping Logistics Enterprise (ASL) and Maritime Finance Incentive (MFI) Awards are essentially shipping incentives granted to qualified companies.  A total of 23 companies received the Approved International Shipping Enterprise (AIS) and Approved Shipping Logistics Enterprise (ASL) awards. Collectively, the AIS and ASL companies contribute substantially to Singapore's economy, generating local business spending in excess of S$2.6 billion last year.  The awards ceremony was attended by 650 maritime luminaries and other influential shipping representatives.  [27/09/06]

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