J.Lauritzen – Strengthening relationships in the Singapore maritime industry
Since the company’s founding in 1884, J. Lauritzen has established itself as a leader in Danish shipping. “Our business is,and has always been, about people”, says Jan Kastrup-Nielsen, President and Chief Executive Officer of J. Lauritzen. “The traditional values we hold dear within the company have enabled us to achieve the strong position we are in today.”
Jan Kastrup-Nielsen lived and worked in Singapore taking care of J. Lauritzen’s activities there before becoming President and Chief Executive Officer of the Group. He is also serves on the board of the Danish Shipowners’ Association which represents the interests of the entire Danish shipping industry.
The company’s largest overseas office, with more than thirty five employees, can be found in Singapore and covers the company’s activities in the Pacific Rim.
“Over the last ten years, through our presence and activities in Singapore, we have been able to contribute to the economy by supporting the Singaporean people,” says Kastrup-Nielsen.
J. Lauritzen is actively creating opportunities for people living in Singapore through education and training and has recently launched a community engagement platform to attract talent and further strengthen the company’s ties with the industry.
“Throughout our time in Singapore, the Singapore Maritime Authority has proved to be extremely competent and transparent,’ says Kastrup –Nielsen. ‘Singapore continues to offer a friendly and welcoming business environment – fluent in English and well educated.It is crucial to develop a pipeline of talent and train young people in order to meet tomorrow’s needs within the Singaporean, and global, maritime industries”.
Denmark and Singapore continue to enjoy strong maritime relations. A bilateral double taxation agreement is providing both countries with financial benefits and is helping to further strengthen business ties.With a strong understanding of the global shipping industry, a rational approach to doing business and strong workforce, J. Lauritzen is focused on growth.
“While we are being tested as an industry, we will ensure that, as a company, we continue to conduct ourselves in a proper and ethical manner in order to run our business in the correct way,” says Kastrup-Nielsen.
“As we move forwards, the reputation of our company will be the key to our success and in Singapore; we see huge opportunities to strengthen and grow our business. We congratulate Singapore in this 50thanniversary year and look forward to continuing our close working relationships within the Singaporean maritime industry”.