NOL Appoints Leading Senior Counsel to Board

Press Release
Friday, March 15, 2013

NOL Group has announced the appointment of Senior Counsel Mr Alvin Yeo to its Board of Directors.

 

Subject to shareholders’ approval at NOL’s Annual General Meeting on 18 April 2013 (“AGM”),  Mr Yeo, Senior Partner at WongPartnership LLP, will join the Board after the AGM. He will serve as a member of the Executive Committee and Nominating Committee.


Two of NOL’s current Directors, Mr Christopher Lau Loke Sam and Mr Peter Wagner, will retire from the Board at the AGM. Mr Lau is currently the Chairman of the Audit Committee and Member of the Enterprise Risk Management Committee. Mr Wagner is a member of the Executive Committee and Nominating Committee. Mr Quek See Tiat, a current member of the NOL Board, will assume the chairmanship of the Audit Committee from Mr Christopher Lau.

 
“We welcome the addition of a leading litigation and arbitration counsel to the Board,” said Mr Kwa Chong Seng, Chairman of NOL. “We also express our gratitude to our outgoing Directors for their guidance and expertise to NOL.”

 
Mr Yeo's main areas of practice are banking and corporate disputes, restructuring and insolvency, and construction and civil engineering matters. He has extensive experience in arbitration proceedings both in Singapore and in the region, primarily in corporate, commercial and infrastructure disputes.


“I am very excited to be working with the NOL team,” said Mr Yeo. “NOL is making good progress in becoming  a more competitive company, and I look forward to helping the company find its way back to sustainable profitability.”

 
Mr Yeo is a member of the Appeals Advisory Panel of the Monetary Authority of Singapore (MAS), the ICC Commission on Arbitration, the Court of the LCIA, the Singapore International Arbitration Centre’s Council of Advisors and a Fellow of the Singapore Institute of Arbitrators. Mr Yeo is internationally recognised in legal directories such as The Legal 500; IFLR1000; Chambers Global and Chambers Asia Pacific
 

Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Decade Old India Shipping Summit Makes History

In ten years, India Shipping Summit held consistently in Mumbai, has sailed on a robust growth course despite the worldwide witnessing recessionary waves buffeting any endeavors to grow and gain.

Liebherr to Deliver RTGs to Mayotte and Manila

Liebherr confirms orders for variable speed RTGs and electric RTGs. DPWorld Asian Terminals Inc. has placed an order with Liebherr Container Cranes for a further 5 RTGs at its Manila facility.

U.S. Navy Contracts 12 Rapid Response Skimmers

Kvichak Marine won a US Navy contract for 12 30-ft.Rapid Response Skimmers (RRS) for delivery over the next 18 months, with options for up to 30 additional skimmers to be delivered through 2019.

Legal

WFW Advises ING Bank on $340m Loan Facility for Euronav

Watson, Farley & Williams (WFW) has advised ING Bank N.V. (ING) as sole bookrunner and facility agent for a syndicate of banks on a $340 million loan facility made available to Euronav NV.

UN Authorizes Ship Inspections Near Somalia For Arms, Charcoal

The United Nations Security Council authorized the inspection of boats suspected of carrying illegal shipments of charcoal or weapons to and from Somalia on Friday,

Foster Wheeler & MDM Engineering Merged

Foster Wheeler AG announced today that an indirect wholly owned subsidiary of the Company has completed the acquisition of MDM Engineering Group Limited (“MDM”)

Container Ships

Decade Old India Shipping Summit Makes History

In ten years, India Shipping Summit held consistently in Mumbai, has sailed on a robust growth course despite the worldwide witnessing recessionary waves buffeting any endeavors to grow and gain.

Liebherr to Deliver RTGs to Mayotte and Manila

Liebherr confirms orders for variable speed RTGs and electric RTGs. DPWorld Asian Terminals Inc. has placed an order with Liebherr Container Cranes for a further 5 RTGs at its Manila facility.

UASC Targets Expansion to Beat Container Market Blues

UASC expects to reach volume of 2.35 mln TEU in 2014 Global carriers still struggling with weak conditions United Arab Shipping Company (UASC) is on a major expansion drive,

Logistics

UN: Ship Inspections near Somalia for Arms, Charcoal

The United Nations Security Council authorized the inspection of boats suspected of carrying illegal shipments of charcoal or weapons to and from Somalia on Friday,

Singapore Bunker Meter Mandate Targets 'Frothy Fuel'

Singapore, the world's biggest bunkering port, plans to end the so-called "cappucino effect" in ship fuelling through new meters designed to stop suppliers from short-changing customers,

Antwerp Port Achieves Highest Throughput

The port of Antwerp handled a freight volume of 148,344,168 tonnes during the first nine months of this year. That’s 3.7% more than the same period last year. Both

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2449 sec (4 req/sec)