1960s to 1980s, Establishing Presence in Malaysia

Frank Tsao Wen-King played a key role in the development of the maritime industry in Malaysia. For his contributions, the King of Malaysia conferred him the noble title Tan Sri, equivalent to a knighthood. His contributions include:

  • In the mid-1980s, a bulk carrier was converted into a cement storage and unloading facility, and it became the first logistics provider of its kind in Kedah, Malaysia.
  • In 1973, Malaysia established its first shipyard, Malaysia Shipping & Engineering Sdn Bhd.
  • In the early 1970s, Formed Transglobal Bulkers an Asian commercial shipping pool with MISC and Brostrom.
  • 1968, Participated in establishing Malaysian International Shipping Corporate (MISC), Malaysia’s national shipping line.

1949 to 1960s: Building the Maritime Business

Frank Tsao Wen-King, the third generation of the Tsao family, expanded their family business into the maritime industry from their new base in Hong Kong, China. Here are some notable events that took place under his leadership:

  • In 1966, International Maritime Carriers Ltd was founded to own and operate general cargo vessels. The company was later renamed IMC and is now the mother company of IMC Industrial Group.
  • In 1957, the Hong Kong Shipowners Association was formed with eleven charter members, laying the foundation for Asian shipowners.
  • In 1950, Frank Tsao Wen-King bought the Eastern Trader, another ocean-going vessel with a deadweight tonnage of 3660, solidifying their position as one of the first Asian shipowners. Frank Tsao later became known as one of the four Shipping Kings in Hong Kong, China.
  • In 1949, the family purchased their first ocean-going ship, the Ebonol, which had a deadweight tonnage 1200. This purchase established their shipping enterprise, Great Southern Steamship Co. Ltd.