PCL congratulates all the winners who have emerged from the MSC Maritime Case Summit 2022. Our industry is on the cusp of transformation and it is vital to attract and nurture a new generation of talents who have a growing interest to pursue a career in the maritime industry fueled by Singapore Maritime Foundation’s continual efforts to spearhead talent development that supports the industry’s growth.
“This year’s MSC Maritime Case Summit attracted 172 students—the highest since the Singapore Maritime Foundation began organising the competition in 2019. This is an encouraging development as it signals a growing interest among the youth in the maritime sector, an important contributor to the Singapore economy and a vital player in the trade and supply chain ecosystem,” said Mr. Hor Weng Yew, Chairman of the Singapore Maritime Foundation and CEO of Pacific Carriers Limited.
Photo Credits: Singapore Maritime Foundation featuring one of the winning teams.
At the Singapore Maritime Week, PCL has signed a Memorandum of Understanding on Advancing Cybersecurity Capabilities amongst maritime companies in the industry. Since the COVID-19 pandemic, cybersecurity is gaining increasing awareness across industries, particularly maritime due to accelerating digital transformation. To prevent cyber attacks and ensure business continuity, it is imperative to develop and harness maritime cybersecurity capabilities to manage disruptions evolving from emerging technology threats. We believe cybersecurity is a key driver of growth and transformation of the maritime industry and are proud to join MPA, SSA together with seven leading industry partners in our collective efforts to boost cybersecurity and augment maritime resilience in Singapore.
PCL is pleased to share that PCL CEO Mr. Hor Weng Yew had been invited to moderate the Fireside Chat with DPM Mr. Heng Swee Keat during the Singapore Maritime Week 2022 (SMW 2022).
Prior to the Fireside Chat, in line with SMW 2022’s theme – “Transformation for Growth”, DPM spoke on the three key areas of transformation the maritime sector must focus on, namely – continuous maritime investment, digitalisation for efficiency and decisive green transition.
Mr. Hor had the opportunity to chat with DPM on topics spanning geopolitics, opportunities in sustainability and talent development. To Mr. Hor’s questions, DPM highlighted the importance of building resilience to deal with disruptions and one way to do so is by investing in digitalisation. DPM also emphasised Industry 4.0 being a key driver for the need to upskill and attract new talents to the industry, which then enables transformation such as smart ports, autonomous and sustainable shipping. Mr. Hor rounded up the conversation pointing to the need for companies to be resilient while navigating uncertain business landscape and geopolitical risks. He also noted the need for maritime players to jointly tackle common challenges faced by the industry through deeper collaboration with authorities, regulators, cargo owners and shipowning community to realise a decisive green transition. Talent holds the key to transformation. These developments create opportunities for existing people in maritime as well as bringing in new shore-based and seafaring talent capabilities into the industry.
PCL is proud to share our Managing Director and CEO, Mr. Hor Weng Yew’s interview with CNA during the Singapore Maritime Foundation New Year Conversations 2022. Singapore has maintained its spot as the world's top maritime city for the fifth time in a row, according to a leading global index. Its ports moved 37.5 million units despite the COVID-19 pandemic and global shipping congestion. The key to yielding this success is anchored on the collective cooperation among competitors in the industry. Mr. Hor weighed in on how industry cohesion has attributed to the growth and cultivation of the shipping talent pool and innovation around sustainability which is integral to shaping the future of Maritime Singapore.
CNA Interview: