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TIEMBA Alumnus Yunfeng Li selected as Top 100 Excellent Ethnic Chinese Leaders Worldwide

2013-01-10
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Marco Polo Shipping Co.Pte Ltd was founded in Singapore in year 1991 to support the family business in terms of logistics. In the same year, the 14 years old Yunfeng Li was just starting his study in Australia. 12 years later, when Yunfeng took over the shipping business in 2003, Marco Polo had only 6 ships. Acutely sensing the necessity of shipbuilding in a time when economy of Southeast Asia was about to recover, Yunfeng seized this opportunity and grew the company by purchasing more ships and founding Marco Polo Shipyard in Indonesia. To set up the first shipyard in a foreign location was a hard and challenging task. But it later proved to be a milestone that enabled Yunfeng to map out the entire business chain. In 2007, Marco Polo possessed over 20 ships and became listed at the Stock Exchange of Singapore Dealing and Automated Quotation, and later changed to Mainboard in 2009. Young as he was, Yunfeng achieved the marvelous transformation of Marco Polo through determination and persistence.