AP MOLLER-MAERSK has received the International Maritime Centre (IMC) Award 2011 from the Maritime Port and Authority of Singapore in recognition of the group's "significant" contributions to the Lion City's development as a maritime centre and its impact on the Singapore economy, according to the group.
"We are convinced that Singapore will continue to be a powerhouse for growth in south east Asia and in the world. With its strong tradition for business dialogue and determination to stay competitive, we believe Singapore will also constantly adjust to the changing needs of shipping," said Nils Andersen, partner and group CEO, who was in town to deliver the Singapore Maritime Lecture and receive the accolade on behalf his company.
The IMC award was presented by the Minister of Transport Raymond Lim at a ceremony earlier this month.
"Singapore, as a global hub for global business, has become a natural second headquarter for AP Moller-Maersk. It is the only other place in the world, outside of Copenhagen, to house more than 10 of the group's business units. Singapore is also where the group has the most number of its ships flagged outside of Denmark," a company statement said.
It said that by the end of this year, Maersk will have about 107 vessels and rigs flagged in Singapore, adding up to over 5.5 million gross tons and making it the largest vessel owner in the city state.
source: shippingazette.com
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