Pacific Carriers managing director and chief executive Hor Weng Yew has been appointed as the new chairman of the Singapore Maritime Foundation.

Hor takes over from BW Group chairman Andreas Sohmen-Pao in January.

Niam Chiang Meng, chairman of the Maritime and Port of Authority of Singapore (MPA) said in a statement released on Tuesday that he was confident that Hor, who has been in the maritime industry for over 30 years, would "bring insights and leadership to the board".

"I would like to put on record my deep appreciation to Andreas for his strong leadership and dedication to furthering the work of SMF," Niam said.

"During his tenure as chairman, Andreas spearheaded several key initiatives — the most recent of which was co-chairing the International Advisory Panel on Maritime Decarbonisation, which submitted its report to the Singapore Government in April 2021."

Niam added that under Sohmen-Pao's leadership, SMF was able to promote the maritime sector as one with rewarding career opportunities.

Four new members have also joined the SMF board. They are Eastern Pacific Shipping's Cyril Ducau; John Martin of Gard Singapore; OCBC Bank's Angeline Teo and Lars Kastrup of Pacific International Lines.

Meanwhile, Lee Keng Mun of MPartners and Loo Tze Kian of LCH Lockton will step down from the SMF board on 31 December after completing their terms.

SMF was established in 2004 by MPA to promote Singapore as an international maritime centre, and to nurture a maritime-ready talent pool.