EPS: Investing in decarbonisation, crew welfare, and start-ups

Eastern Pacific Shipping’s (EPS) 38^th floor offices in Millenia Tower offer a panoramic vista of the Singapore Straits, however, not only is the view spectacular view it also illustrates one of the key advantages for the company to be located in the Lion City.

Such is the strategic importance of the shipping lane a few miles from its office that over the course of the year nearly all the 152 vessels in EPS’ fleet currently on the water will pass by, be it in transit, bunkering, port calls or survey and repair work. This offers a unique ability to visit the ships, and meet the crew on board without having to jump on a plane to some far-flung port.

Speaking to Seatrade Maritime for its Singapore Special Report, EPS CEO Cyril Ducau explains that the proximity to the ships and crew is massive differentiating factor for Singapore as a location as the company is so much closer to what drives the business and makes it successful. “Being here physically and being able to go the ships on regular basis is crucial,” he says. This translates to people in a wide range of roles being able to visit the company’s ships including technical staff, senior management but also those in corporate service roles so they actually get to experience first-hand the industry they work in.

Related:Seatrade Maritime Special Report: Singapore

EPS is also able to frequently bring representatives from clients and charterers on board vessels. Many such as BHP, Rio Tinto, and CMA CGM also have a significant presence in Singapore as well. “It’s very easy to organise,” Ducau says. “If you sit in Hamburg, Oslo, or even Athens, it quickly becomes much more challenging. These are major ports, but they are not on major global trade lanes at a crossroads.”

Read the full article online in the Singapore Special Report 

Make sure you pick-up a hard copy of the Special Report at Sea Asia 2023 in Singapore at Marina Bay Sands from 25 - 27 April