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Sailor Today|January 2017

Capt. Harry Banga is making headlines once again!

Sailor Today Sea Shore Awards Lifetime Achievement Winner

The dynamic Capt Banga was recently featured in the popular magazine - Forbes Asia, as one of the richest personalities. Capt Banga added his signature style of panache and charm to the cover of Forbes Asia publication, taking the shipping industry to an all time high!

"Harry is one of those rare breeds of executives who has a trader's mind-set and good interpersonal skills," says Ronald Lee, who heads private wealth management for Asia-Pacific at Goldman Sachs. "He's a compelling storyteller with a broad awareness of the world, financial markets and political developments. He also builds great relationships with people--be it his customers, bankers or peers."

Former vice chairman of the Noble Group, Forbes magazine mentions that Capt Harry Banga made his money over a 21-year career with Asia's largest commodity trader before cashing in the last of his shares in 2012. He started Hong Kong-based Caravel Group with sons Angad and Guneet in 2013 to trade and ship commodities. Originally from Punjab, India, he's lived in Hong Kong since the 1970s. Capt Banga was honored in 2011 with the Pravasi Bharatiya Samman Award, the highest distinction conferred on overseas Indians.

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Meet the maritime world at Nor-Shipping

Germany is a maritime powerhouse, but in these volatile times, that message can’t be repeated often enough.

The rapid and sweeping changes brought on by the 4th Industrial Revolution, or Industry 4.0, have already transformed the maritime industry. Digitalization and connectivity are changing everything from ship design and construction, to fleet management and equipment monitoring.

In addition, marine money markets are jittery, the geopolitical landscape is shifting, and shipping itself is undergoing major upheavals, with players engaging in a game of maritime musical chairs where no seat is safe.

This story is from the January 2017 edition of Sailor Today.

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This story is from the January 2017 edition of Sailor Today.

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