Participants can gain valuable opportunities to be mentored by industry veterans, strengthen credentials, and win cash prizes of up to $4,000

The Singapore Maritime Foundation  launched the 5th edition of the MaritimeONE Case Summit, an annual case competition that plugs Singapore’s tertiary students into challenges and issues faced by the maritime industry— a vital economic sector at the nexus of world trade and the global supply chain.

The four challenge statements this year from leading maritime multinationals range from strengthening shipping’s sustainability-related practices to improving seafarers’ well- being.

Students from Singapore’s universities and polytechnics are invited to register in teams of two to four. After shortlisting the proof-of-concept submitted by the students, sponsor companies will mentor the finalist teams through to the grand finals on 7 November 2024.

The sponsor companies this year are:

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“The challenge statements this year provide an excellent opportunity for youths to gain an understanding into the diversity as well as complexity of issues that the industry is grappling with today. I thank the CMA CGM Group, Pacific Carriers Limited, Petredec Global and TotalEnergies Marine Fuels for providing students with such worthwhile challenges and for their exemplary commitment to nurturing the talent pool,” said Mr. Hor Weng Yew, Chairman, Singapore Maritime Foundation.

“The CMA CGM Group, a global player in sea, land, air and logistics solutions, stays committed to becoming a Net Zero Carbon company by 2050. Decarbonisation is at the heart of the Group’s strategy; we have taken concrete actions towards the reduction of our Scopes 1 and 2 emissions. Through our partnership with the MaritimeONE Case Summit, we are seeking fresh ideas from young minds to help shape a more sustainable future by tackling the complex challenge of reducing Scope 3 emissions,” said Mr. Bo Wegener, Chief Executive Officer, CMA CGM Asia Pacific.

“At PCL, our people are the cornerstone of our success. Progress and new frontiers are only possible with the right people. We place a high priority on equipping our people with the right tools and skills, and nurturing future talent. Initiatives like this will inspire young minds and provide them with an opportunity to address real-life challenges. We are confident that the creativity and fresh perspectives they bring will drive progress within our company and the industry,” said Capt. Chubasco Monteiro, Deputy CEO, Pacific Carriers Limited.

“Through the Singapore Maritime Foundation’s MaritimeONE Case Summit 2024, we look forward to engaging with the brightest young minds in the maritime sector to help solve the on and offshore need for decarbonisation. Approximately 1 gigaton of CO2 is emitted annually from burning wood fuels for cooking. This is comparable to global emissions from shipping.

LPG stands out as a low-carbon, low-polluting energy source that significantly improves air quality and cuts greenhouse gas emissions. Petredec, as the world’s leading LPG value chain organisation, is committed to expanding access to this obvious solution,” said Mr. Jonathan Fancher, Chief Executive Officer, Petredec Global.

“TotalEnergies Marine Fuels has embarked enthusiastically on the path to decarbonization, with a commitment to support shipping companies by supplying a range of innovative and low-carbon fuels. Like all great expeditions, this is a journey filled with opportunities but also challenges, as the industry charts a course through many uncertainties. As such, we are eager to foster and to inspire young and future talents that will one day, join us, and look forward to studying their fresh ideas and novel solutions,” said Ms. Louise Tricoire, Senior Vice President of TotalEnergies’ Aviation and Marine Fuels Division.