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Singapore Maritime Foundation signs MOUs to boost maritime talent

Newsflash Asia

- September 18, 2025

The Singapore Maritime Foundation (SMF) has recently signed four Memoranda of Understanding (MOUs) with Jurong Port, Oza Family Foundation, Singapore Shipping Association, and Swire Shipping. These agreements aim to enhance access to scholarships, internships, and industry exposure for Singapore’s young talent, reinforcing SMF’s commitment to developing a future-ready workforce for Maritime Singapore.

Under the three-year MOU with Jurong Port, starting in 2025, four MaritimeONE scholarships and one internship will be awarded annually. This initiative provides tertiary students with structured programmes to deepen their industry knowledge and gain firsthand experience at one of the world’s leading multipurpose ports.

The Oza Family Foundation, led by Punit Oza, will contribute one MaritimeONE scholarship annually from 2025 to 2027. This partnership highlights the role of private philanthropy in nurturing talent and supporting students pursuing maritime studies and careers.

The Singapore Shipping Association (SSA) will offer three to four MaritimeONE scholarships each year from 2025 to 2027. SMF will manage the scholarship administration, leveraging SSA’s industry network to reach more youths and showcase diverse opportunities in shipping.

Swire Shipping’s collaboration with SMF will provide one MaritimeONE Scholarship and two internships annually from 2025 to 2027, reflecting the company’s commitment to investing in Singapore’s maritime talent and equipping young people with global perspectives.

These MOUs are part of a broader strategy by SMF to build a sustained talent pipeline, lowering barriers of entry and broadening access to opportunities in the maritime sector. Hor Weng Yew, Chairman of SMF, expressed gratitude to the sponsors, stating, “Their commitment underscores the collective will of Maritime Singapore to invest in talent, enabling the industry to remain resilient and innovative as we navigate the future.”

This story was selected and published by a human editor, with content adapted from original press material using AI tools. Spot an error? Report it here.

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