Alumni appointed CEO in Pacific Shipping Trust

8 February 2011

Mr. Lim Sim Keat, 2010 Alumni from Executive MBA in Shipping, Offshore and Finance, was on February 7th appointed CEO in the Singaporean based shipping company, PSM.

Mr. Lim was a student in the first class of EMBA in Shipping, Offshore and Finance from which he graduated with honors in September 2010. The EMBA is a double degree programme in cooperation with Nanyang Technological University in Singapore.

He has close to 20 years of working experience in the shipping industry in the region – Singapore, Indonesia, Malaysia, Thailand and Hong Kong. He was the General Manager of Nova Shipping and Logistics Pte Ltd, responsible for strategic shipping and logistics planning, including fleet expansion, commercial and financial management as well as business development.

Pacific Shipping Trust is the first business trust listed on the SGX-ST. It provides structured financing solutions to established shipping companies, thereby generating visible and stable cashflow stream through long-term charters. By acquiring vessels and leasing them to reputable charterers on long-term bareboat or time charters, PST seeks to generate a steady stream of high-yielding income for its Unitholders.

The trustee-manager of PST is PST Management Pte. Ltd., a wholly-owned subsidiary of Pacific International Lines (Private) Limited, one of the largest private shipowners and operators in South East Asia. 

The President of BI Norwegian Business School, Prof. Tom Colbjørnsen, offers his warmest congratulations to the successful BI alumni.

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