Dear members, and           
friends of NBAS

Dear members, and friends of NBAS

Welcome to our April newsletter where you can read about our exciting upcoming events and activities, growth perspectives from our partner EDB, and the Norwegian Seamen's Church which has provided business people and their families a home away from home for 7 decades. Happy reading - and we look forward to seeing you in the near future!


Learning and networking

Our recent calendar has been filled with enriching events geared towards fostering knowledge sharing and networking opportunities. From delving into the entrepreneurial mindset at "Thinking Like a Start-up" to exploring business opportunities and politics in key Southeast Asian countries, and championing sustainable maritime solutions at the Asia Pacific Maritime exhibition, our engagements have been diverse and insightful.

We also hosted our Annual General Meeting, which included a business lunch and a session where Ms. Radhika Rao, Executive Director & Senior Economist at DBS Bank, and Mr. Manu Bhaskaran, Partner at Centennial Asia Advisors Pte Ltd., candidly shared their perspectives on how the current geopolitical and economic climate influences Singapore and the SEA region. Additionally, we were privileged to host a masterclass featuring the Governor of Norges Bank, Ida Wolden Bache.

A big thank you to everyone who joined us and contributed to the success of our events!

JOIN OUR EXCITING EVENTS AND ACTIVITIES!


Join Team Norway at SMW 2024 where actions meet ambitions. Network with top-level politicians, the new IMO Secretary-General, and industry leaders and peers. Engage in essential matchmaking sessions and workshops. Secure your spot at these key events today!

SECURE YOUR SPOT TODAY!


Our partner the Singapore Economic Development Board has summarized key initiatives in Singapore's Budget 2024 aimed at spurring business growth:?

  • Support for industry collaborations via the enhanced Partnership for Capability Transformation (PACT) Scheme.
  • Introduction of Refundable Investment Credits to support productive capacity, headquarters and services, R&D and innovation, and decarbonization.
  • Investments into AI, finance, and R&D and innovation in semiconductors, MedTech and Robotics.
  • Launch of the Global Business Leaders Programme to nurture Singaporean regional or global corporate leaders.

For strategic insights and to leverage these growth opportunities, read the full article in the link below.

FULL ARTICLE


Initially a haven for seafarers, The Norwegian Seamen's Mission now serves as a vital support network for Norwegians in Singapore, easing the transition and lives in Singapore for both professionals and their loved ones. Thank you for seven decades of making Singapore feel like home!

READ MORE


Jotun, NBAS company member, has a presence in more than 100 countries including Singapore. With Singapore's strategic location as a central international shipping hub, it essentially strengthened Jotun's global position as the maritime industry’s leading provider of hull performance and steel protection solutions.?

In 2023, Jotun celebrated its most successful year yet. Despite facing global challenges, Jotun achieved record sales and earnings, driven by increased volume and prices. President and CEO Morten Fon expressed satisfaction with the company's performance, highlighting gains in market shares.?

Jotun's commitment to growth is evident through its planned/ongoing investment projects, including a new factory in Egypt, a factory expansion in Indonesia, a new regional R&D centre in Malaysia and facility upgrade in Norway. Looking ahead, Jotun is confident to continue growing profitably, even amidst global uncertainties.

READ MORE

Interested in uncovering the secrets behind Jotun's success? Tune in to this video, where Fon shares valuable insights.

WATCH THE JOTUN STRATEGY TOUR VIDEO


Renewed and revitalized:

NBAS AGM signalize year of innovation ahead

NBAS's AGM celebrated a successful 2023 and led into 2024 with strong leadership, re-electing President Leonard Stornes and Treasurer Torgeir Willumsen.?New board members Steve Mellbye-St?len, Paul Marskar, and Daniel Reinsborg will help the association towards future successes in maritime and circular economy initiatives. Key discussions included the impactful Singapore Green Maritime HPO program and expert insights on the region's economic outlook.


Welcome to our new members! We look forward to future collaborations.


Join NBAS today!?

Are you not an NBAS member yet? Send in your application today! Your ideas and input are most welcome.

APPLY FOR MEMBERSHIP




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