CEO Message

Dear Valued Partners,

Thank you all for your support and friendship shown to me during the last 10 years of my career in the Shipping and Oil industry.

Indeed, the past 10 years have been an eye opener. Between 2005 and 2015, we went through the Global Financial Crisis of 2007-2008, the collapse of Lehman Brothers in 2008, the European Debt Crisis in 2010 and more recently and industry specific, the recent Oil Price Collapse of 2015.

It was also with great incredulity when November 2014 came and we witnessed what can only be described most aptly as a “black swan event” – The unfortunate collapse of listed Danish global marine fuel trading house, OW Bunkers.

It caused great panic and instability within the marine fuel industry with widespread consequences across credit lines, banking deals and influencing or rather, changing the way with which the industry would do business with one another.

With my education background as a double degree (honours) graduate majoring in Political Science from the National University of Singapore and in Business Management from the London School of Economics, I have always envisioned myself to be able to understand the mechanisms of government and the private sector, in order to bring value to the work that I do every day.

2015 was a defining year for most of us Singaporeans as we celebrate our nation’s 50th year of independence. It is against such a background, that I have decided to become independent myself. With the aim to create a 100% Singaporean owned company, flying the Singapore brand proudly, being able to compete and hold its own not just domestically, but on a regional level and in the near future, on a global level.

It is my personal dream and vision, that the United Asia Group can play a small part towards the continued success of Maritime Singapore and for more Singaporean owned companies and Singaporean brands to step up to the regional and global stage to do business.

The market is what it is, we cannot change the facts but we can change our attitudes and approach towards the market.

To quote our nation’s founding father Mr. Lee Kuan Yew:

For the young let me tell you the sky has turned brighter.
There’s a glorious rainbow that beckons those with the spirit of adventure.
And there are rich findings at the end of the rainbow.
To the young and to the not so old, I say,
Look at that Horizon, follow that Rainbow, go ride it.

United Asia Group was thus incorporated in 2015 and from October, we would begin to take our first steps towards our vision of becoming the Leading Bespoke Boutique Marine Fuel Services Provider in Asia.

We at United Asia, look forward to being your partner and serving your business needs in the very near future!

Once again, thank you for your continued support.


Colin Wong
CEO – United Asia Group
1st October 2015