Nobu Su () is the CEO and owner of the Taipei-based
shipping company
A shipping line or shipping company is a company whose line of business is ownership and operation of ships.
Shipping companies provide a method of distinguishing ships by different kinds of cargo:
# Bulk cargo is a type of special cargo that is ...
Today Makes Tomorrow
Today Makes Tomorrow (TMT) is a Taiwanese shipping company that in 2008 directly owned some 60 ships, with many more on order, including dry bulk, crude, cargo, LNG, automobile, and cement carriers.
History
Taiwan Maritime Transport Co.
TM ...
(TMT).
Education
He graduated with a
BSC in economics from
Keio University
, mottoeng = The pen is mightier than the sword
, type = Private research coeducational higher education institution
, established = 1858
, founder = Yukichi Fukuzawa
, endowmen ...
in Tokyo, Japan
and earned an MBA from the
International Institute for Management Development
International Institute for Management Development (IMD) is a private business school in Lausanne, Switzerland specializes in executive education offering open enrollment programs for senior executives, as well as longer-term educational engage ...
(IMD) in 1982.
Entrepreneurship
Su has also designed an underdeck piping structure for ships, which he patented in Japan,
Korea
Korea ( ko, 한국, or , ) is a peninsular region in East Asia. Since 1945, it has been divided at or near the 38th parallel, with North Korea (Democratic People's Republic of Korea) comprising its northern half and South Korea (Republic o ...
and China, which he has allowed shipping companies to use without license. Su’s underdeck piping system for ships is currently in commercial use.
On 19 April 2011, Su was given the Lifetime Achievement for Entrepreneurship award at the international ShipTek conference.
Shipping business
Su has turned TMT, his company, into an operator of real tankers and
dry bulk
Bulk cargo is commodity cargo that is transported packaging, unpackaged in large quantities.
Description
Bulk cargo refers to material in either liquid or granular, particulate form, as a mass of relatively small solids, such as petroleum/ ...
ships. Under his direction TMT has expanded its fleet to include drybulk carriers, very large crude carriers, cargo carriers,
liquefied natural gas
Liquefied natural gas (LNG) is natural gas (predominantly methane, CH4, with some mixture of ethane, C2H6) that has been cooled down to liquid form for ease and safety of non-pressurized storage or transport. It takes up about 1/600th the volu ...
carriers, automobile carriers, and cement carriers
The most recent vessel purchases have been in Capesize dry-bulk carriers as well investments into oil tankers. TMT has a number of business partners and charters from companies like Chevron and COA, for crude oil transport and cement transport. In February 2017 it was revealed that in 2013 he ran afoul of US trade sanctions against Iran.
Legal issues
In June 2013 Su filed for US Chapter 11 bankruptcy protection after being put under pressure by Taiwanese creditors, then in 2015 appealed a $47m judgement against him in a long-standing case against Lakatamia.
In March 2019 Su was found guilty in London of 15 out of the 17 counts of contempt of court with which he was charged and is now serving a 21-month prison sentence at the category 'B' HM Prison Pentonville in Islington, north London. In July 2021, he was sentenced with another two years for contempt of court.
Pan-Asian activism
Through TMT, he has invested in a number of regional shipping companies and ship construction companies.
Su has stated that he plans to expand the reach of Asian companies into other investments and markets, with a plan to invest
in a liquefaction company in São Tomé and Principe to produce natural gas.
References
{{DEFAULTSORT:Su, Nobu
Keio University alumni
Living people
Taiwanese businesspeople
Year of birth missing (living people)