“NOL is deeply saddened by the loss of Mr. Lua Cheng Eng. Mr. Lua was the CEO of NOL Group for 20 years from 1979 through 1999. He built up NOL from a small shipping line to a major carrier with 120 ships. NOL Chairman Cheng Wai Keung said: “Our thoughts and sympathies go out to the family and friends of Mr. Lua. The NOL Group is today the fifth-largest container shipping company in the world. We could not have achieved this position without Mr. Lua’s bold vision and years of contributions to the enterprise. Group CEO Ron Widdows recalled Mr. Lua as a highly respected shipping leader. “Among many other affiliations, he was the President of the Baltic and International Maritime Council (BIMCO) and the Singapore Shipping Association…
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