Uncategorized · November 3, 2021

Foremost Group Recognized as New Corporate Member of NAMEPA

Acknowledgment Received at NAMEPA’s 2021 Virtual Annual Conference and Awards Program on October 28th

November 3, 2021 — Foremost Group, a New York–based shipping company with worldwide operations, was recently recognized for its new corporate membership in the North American Marine Environment Protection Association (NAMEPA) at NAMEPA’s 2021 Virtual Annual Conference and Awards Program on October 28th, 2021. Foremost Group joined NAMEPA in 2020 to support and participate with other marine industry organizations in efforts to “Save Our Seas.” NAMEPA now has over [200] members who share in their desire to protect the marine environment.

“Foremost Group continues to focus on incorporating environmentally responsible design and operations into everything we do,” said Foremost Group Chair and CEO Angela Chao. “We are proud to be a part of this illustrious organization as we collectively support the protection of our marine ecosystem.”

About Foremost Group

Foremost Group is an American, privately-owned, shipping company founded in 1964 in New York. The company charters its fleet to world class dry bulk companies which use the ships to move their commodities around the world. Foremost Group’s fleet is comprised of modern, environmentally friendly ships built to the company’s stringent specifications. Learn more at https://www.foremostgroupusa.com/.

NEW YORK, NY – On Tuesday, October 12, Foremost Group Chair and CEO Angela Chao joined the SHIPPINGInsight 2021 Conference for a panel discussion with other shipowners to discuss the state of the shipping industry from the perspective of industry leaders. Joining Ms. Chao on the panel were other industry veterans from Cargill, Petrobras, Ardmore and Genco.

Following her appearance on the panel, Ms. Chao commented, “This conference provided a great opportunity to learn from the best in the industry and spark inspiration about how to improve the industry during an incredibly dynamic and challenging time. I share the perspective of so many in our space who see a great opportunity ahead, and I remain firmly committed to best serving Foremost Group’s charterers and other stakeholders while focusing on how we can best protect our oceans and waterways.”

For more information on the SHIPPINGInsight 2021: Bridging the Decade Fleet Optimization and Innovation Conference and Exhibition, please visit: https://www.shippinginsight.com/.

Foremost Group Fleet Expands with Delivery of Another Eco-Friendly Post-Panamax Bulk Carrier, the M/V “Zhen May”

NEW YORK, NY – March 29, 2021 – Foremost Group, an American dry bulk shipping company, today named and took delivery of a new 84,500 metric tons deadweight post-Panamax bulk carrier from Oshima Shipyard in Nagasaki Prefecture, Japan. Foremost Group Founder and Honorary Chairman, Dr. James S.C. Chao, was joined by the company’s Chair and CEO, Ms. Angela Chao, and the ship’s Sponsor, Madame Lu Pi-Lian, wife of Mr. Michael C.S. Chang, Chairman of Taiwan’s Mega Financial Holding Co Ltd, for the ceremony.

This newest eco-friendly post-Panamax ship, the M/V “Zhen May” continues Foremost Group’s tradition of operating a fleet of modern, environmentally-friendly ships built to the company’s stringent specifications, many of which are built by Oshima Shipyard.

The Zhen May will be immediately put in service for Oldendorff Carriers, the ship’s charterer, which will deploy the ship to transport its dry-bulk cargoes to ports around the world.

Ms. Chao commented, “Taking delivery of this beautiful ship is an important reminder that in good times and bad, we shipowners must always do our part to help feed and build the world. Throughout the devastating COVID-19 pandemic, we have maintained our laser focus on serving our charterers with the safe, reliable and efficient transport of their goods. The Zhen May is a welcome addition to our fleet and reflects our continued strong partnership with both Oshima Shipyard and Oldendorff Carriers.”

ABOUT FOREMOST GROUP
Foremost Group is an American, privately-owned, shipping company founded in 1964 in New York. The company charters its fleet to world class dry bulk companies which use the ships to move their commodities around the world. Foremost Group’s fleet is comprised of modern, environmentally friendly ships built to the company’s stringent specifications. Learn more at https://www.foremostgroupusa.com/.

NEW YORK, NY – Foremost Group Chair and CEO Angela Chao was invited along with many other top American and global corporate leaders to speak at the China Development Forum (CDF).  This year’s other speakers include Tesla’s Elon Musk, Apple’s Tim Cook, Cisco’s Chuck Robbins, Bridgewater Associate’s Ray Dalio, HSBC’s Noel Quinn and many more. The theme of the forum is “China on a New Journey Toward Modernization.”

Ms. Chao will be speaking on two panels; one on vocational education and the second on reform and development of State Owned Enterprises.  The CDF will be held both in person and virtually from March 20-22 at the Diaoyutai State Guesthouse in Beijing.

Furthers Foremost Group Commitment to Supporting and Advocating for Crews

NEW YORK, NY – January 26, 2021 – Foremost Group, an American dry bulk shipping company, today announced that it has joined over 300 industry leaders, including shipowners, charterers, crew advocates and other stakeholders, in signing the Neptune Declaration on Seafarer Wellbeing and Crew Change. Signatories of the declaration commit to setting high standards and using best practices to support the wellbeing, health and safety of crew members in the maritime shipping industry.

Foremost Group Chair and CEO Angela Chao commented, “Throughout the pandemic, the world’s more than one million seafarers have delivered extraordinary performance to ensure that everything from raw materials to finished products safely reaches its final destination. In these times, and always, we owe it to each of these men and women to be doing everything we can to ensure their safety and fair treatment both on the sea and ports of call around the world. Foremost Group is proud to have joined such a diverse group in signing the Neptune Declaration and looks forward to continuing to work with our partners in this important effort.”

The Neptune Declaration seeks to:

  • Recognize seafarers as key workers and give them priority access to Covid-19 vaccines
  • Establish and implement gold standard health protocols based on existing best practices
  • Increase collaboration between ship operators and charterers to facilitate crew changes
  • Ensure air connectivity between key maritime hubs for seafarers

For additional information, visit: https://www.globalmaritimeforum.org/neptune-declaration/

For coverage of the Neptune Declaration, visit: Associated Press, BBC, Lloyd’s List, Thomson Reuters and TradeWinds.

Commitment to Save Our Seas Continues to Grow

Carleen Lyden Walker, Co-Founder and Executive Director of the North American Marine Environment Protection Association (NAMEPA) announced today that Foremost Group, an American dry bulk shipping company, has become its newest corporate member. Foremost Group has joined NAMEPA to support and participate with other marine industry organizations in efforts to “Save Our Seas.” NAMEPA now has over 200 members who share in their desire to protect the marine environment.

“NAMEPA is honored to welcome Foremost Group as a member of NAMEPA,” stated NAMEPA’s Carleen Lyden Walker. “Their commitment to the highest environmental practices, as well as to advancing and investing in the mitigation of environmental impacts, is well known.  We look forward to partnering with them to Save Our Seas!”

“As an industry leader in incorporating environmentally friendly designs and policies into everything we do, Foremost Group is proud to join this illustrious organization to support the protection of our marine ecosystem,” said Foremost Group Chair and CEO Angela Chao. Sustainability and stewardship are part of our culture.”

“We look forward to working with NAMEPA and its diverse membership to advance our shared goals and ensure we maintain a safe and clean marine environment for future generations. We believe these efforts are more than just good business; they are a solemn responsibility,” said Vice President Kevin Li.

With growing membership, NAMEPA continues to expand its ability to collaborate with a diverse group of dedicated organizations working to promote sustainable marine industry best practices. NAMEPA welcomes Foremost Group into its collaboration of members, all committed to the stewardship and protection of our seas through corporate social responsibility and through the protection of the marine environment. Committed to being ethically and environmentally responsible, Foremost Group is a respected addition to the membership of NAMEPA.

 

About Foremost Group
Foremost is a global leader in dry bulk shipping with a worldwide reputation for its commitment to exceptional service and performance, all while holding itself to the highest ethical standards. An industry leader in incorporating fuel-efficient designs and technology, Foremost Group believes that treating the environment with respect is not only a good business practice, but a solemn responsibility. For more information:  https://www.foremostgroupusa.com/

About NAMEPA
The North American Marine Environment Protection Association (NAMEPA) is a marine industry-led organization of environmental stewards preserving the marine environment by promoting sustainable marine industry best practices and educating seafarers, students and the public about the need and strategies for protecting global ocean, lake and river resources. Visit us at: www.namepa.net

Source: https://namepa.net/2020/12/09/foremost-group-joins-namepa/

NEW YORK, NY – On Thursday, October 15, 2020, Foremost Group Chair and CEO Angela Chao took part in Capital Link’s 12th Annual New York Maritime Forum as a keynote speaker.  The event was held in partnership with DNB, and in cooperation with the New York Stock Exchange, Nasdaq, the New York City Economic Development Corporation and the Port Authority of New York & New Jersey.

Ms. Chao discussed Foremost Group’s more than 50-year history as an American shipping company while addressing the unique value of being a privately-held company that is able to prioritize long-term actions and decisions. This includes the company’s commitment to operational excellence and track record of incorporating fuel-efficient designs and technology in its fleet of modern and eco-friendly dry bulk carriers. Taken together, she explained, Foremost Group has become a trusted, reliable partner for some of the world’s leading blue chip charterers and is well-positioned for growth in the years ahead.

Ms. Chao was joined at the event by other industry leaders, including those from Shell International Trading and Shipping, the Port Authority of New York & New Jersey and the U.S. Department of Energy, among others.

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NEW YORK, NY – On Thursday, February 13, Foremost Group Chair and CEO Angela Chao joined the TradeWinds Shipowners Forum: New York 2020 for a panel discussion with other shipowners focused on the decade ahead in shipping. Joining Ms. Chao on the panel were other industry leaders from Dorian LPG, Ridgebury Tankers, Navig8 America LLC, DNB ASA and Oldendorff Carriers.

During her remarks, Angela touched on a range of topics, including industry challenges and opportunities in the decade ahead as well as the importance of incorporating environmentally friendly designs and technologies in new ships.

Images from TradeWinds – Shipowners Foum New York, February 13, 2020 at New York Yacht Club

For more information on the event, click here: https://www.tradewinds.events/ehome/index.php?eventid=200198174&

For more photos of the event, click here: https://www.flickr.com/photos/nhstevents/albums/72157713171207362

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June 7, 2016 — Foremost Group Founder and Honorary Chairman, Dr. James S.C. Chao, his late wife, Mrs. Ruth Mulan Chu Chao, and their family were recently featured by Harvard Business School’s Baker Library for their commitment and generosity towards the promotion of education, history and culture at Harvard University and around the world.

To commemorate Ruth’s legacy of faith, family, and philanthropy, generous gifts from the Chao family established the Ruth Mulan Chu Chao Center at Harvard Business School, including the first building named after an Asian-American and the first building named after a woman in Harvard’s history.

“My family is honored to support such an esteemed institution like Harvard Business School” said Foremost Group Chair and CEO Angela Chao. “Our family history, especially my mother’s legacy, is rich with tradition, values and spirit, and we look forward to continuing our relationship with Harvard Business School to promote education in the years to come.”

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