Keppel Sets Up Charitable Foundation

Press Release
Sunday, September 09, 2012

Keppel Corporation launch Keppel Care Foundation Limited to help the needy & under-privileged, promote education & encourage eco-friendly initiatives.

The Keppel Group of Companies (Keppel) will commit up to S$50 million over the next ten years to the Foundation.

In line with Keppel's key thrusts of Sustaining Growth, Empowering Lives and Nurturing Communities, the Foundation will support organisations which have been conferred Institutions of Public Character status, and reach out to support worthy causes with the following key objectives:

  • Advance and improve the well-being of the poor, needy, aged or underprivileged and promote and foster community spirit
  • Advance the cause of education, whether general, professional or technical
  • Promote, foster and support efforts to improve and protect the environment
  • Provide relief from human suffering and improve the standard of human life by the prevention, combating and treatment of sickness and disease.

Former President of the Republic of Singapore, Mr S R Nathan, launched the Keppel Care Foundation today at a fundraising concert to celebrate Keppel Offshore & Marine's 10th anniversary. At the launch, President Nathan also witnessed the presentation of cheques from the Foundation totalling S$6.7 million.

In his speech at the launch of the Foundation, Dr Lee Boon Yang, Chairman of Keppel Corporation, said, "Over the years, the Keppel Group has actively engaged our community in Singapore and abroad where we do business. We have contributed to many charitable activities.

The Keppel Group of Companies includes Keppel Offshore & Marine, Keppel Energy, Keppel Integrated Engineering, Keppel Telecommunications & Transportation (Keppel T&T) and Keppel Land, among others.
 

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

People & Company News

Bouchard Vessels Honored by SCA

Forty-three Bouchard Transportation Co., Inc. vessels have been honored by The Chamber of Shipping America (CSA) with Certificates of Environmental Achievement.

Deepwater Semi-Sub COSL Prospector Delivered

COSLProspector, the fourth deep-water semi-submersible drilling rig built by CIMC Raffles for China Oilfield Services Limited (COSL), has been delivered in Yantai, Shandong Province.

Trelleborg Invests in High-Speed Fender Test Rig

Trelleborg’s marine operation is in the process of building and installing a custom-made high-speed test rig, capable of testing both rubber and foam fenders.   The

Finance

Cost to Fuel Ships Falls

For a ship that burns 24 tonnes of fuel per day while steaming, fuel costs are reduced by as much as $1 million a year if current price level stay put. Assuming

Asia Tanker, VLCC Rates Could Climb

Charterers to release 30 Middle East VLCC cargoes next week. VLCC market buoyed by upbeat Suezmax, Aframax sectors. Rates for very large crude carriers (VLCCs)

Belgian Strike to Impact Antwerp Port

A strike in parts of Belgium on Monday is expected to disrupt rail services and one of Europe's largest ports as trade unions and workers voice their anger over

 
 
Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Navigation Offshore Oil Pod Propulsion Port Authority Ship Electronics Ship Repair Shipbuilding / Vessel Construction
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: 0.2183 sec (5 req/sec)