MOL and Singapore Maritime Foundation (SMF) Strengthen Partnership to Develop Maritime-ready Tertiary Talent Pool
- MOL joins hands with SMF to nurture young maritime talent through "MaritimeONE Scholarships" over a three-year period -

November 28, 2024

Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto, Headquarters: Minato-ku, Tokyo) and The Singapore Maritime Foundation (SMF) (Note) yesterday signed a Memorandum of Understanding (MOU) to enhance cooperation in developing a talent pipeline for the maritime industry through the MaritimeONE Scholarship Programme.

Under this partnership, MOL aims to offer at least two (2) MaritimeONE Scholarships (including applicable overseas exchange programme) per year over a three (3)-year period from 2025 – 2027. SMF will drive and market the MaritimeONE Scholarships targeted at the talent pool in Singapore's public institutes of higher learning.

"On behalf of the Singapore Maritime Foundation Board, I thank MOL for sharing in our collective mission to attract, engage and grow a maritime-ready talent pool. I am confident that this MOU is the start of deeper and sustained cooperation between both organizations for the collective good of Maritime Singapore," said Mr. Hor Weng Yew, Chairman, Singapore Maritime Foundation.

"MOL group's initiatives for Human Capital closely aligns with SMF's Mission Statement, both in promoting talent, manpower and innovation in the maritime industry. In signing this MOU with SMF, we make clear our intent to honor our commitment, to enhance maritime human capital in Singapore," said Mr. Jotaro Tamura, Senior Managing Executive Officer, Mitsui O.S.K. Lines, Ltd.

(Note) Established in 2004, the Singapore Maritime Foundation is a conduit between the public and private sectors to accomplish the twin mission of developing and promoting Singapore as an International Maritime Centre (IMC); and to attract, engage and grow a talent pipeline to position Maritime Singapore for continued growth. For details, visit https://www.smf.com.sg/.