President and CEO of the COSCO Group Captain Wei Jiafu has been named as the Connecticut Maritime Association (CMA) Commodore for the year 2009.
‘Capt. Wei follows a long succession of influential maritime industry leaders as Commodore. The award will be presented to Capt. Wei on March 25, 2009 at a gala dinner marking the conclusion of the annual Connecticut Maritime Association conference and trade exposition. The award is given each year to a person in the international maritime industry who has contributed to the growth and development of the industry. Capt. Wei Jiafu, president and CEO of COSCO Group assumed his position in November 1998. Prior to that, he had been the senior executive in many subsidiaries of COSCO both in China and abroad. He had supervised COSCO’s asset operations and management. During his tenure as the president of COSCO (Singapore), he managed to turn it into a public listed company in 1993, marking COSCO’s first entrance into the international capital markets. With over ten years of seafaring experience and as a well-experienced captain, Capt. Wei has a wealth of knowledge in international shipping management and operation.