Frederik Guttormsen, managing director of Singapore-based IMC Shipping, is leading the transformation of the Tsao family-owned tanker and bulker conglomerate from a traditional shipowner into a nimble asset-light operator.

Sustainable growth and building a strong team are his key priorities.

The transformation has seen a major internal top-to-bottom restructuring of the organisation designed to create better synergies between businesses and economies of scale.

Asian powerhouse built from scratch

What is known as the IMC Pan Asia Alliance Group was founded in Hong Kong shortly after World War II by the late, legendary shipping tycoon Frank Tsao.