In 2002, Su registered the first of three successful patents for Ocean net. Patents have been registered in the United Kingdom, the United States and Korea. Su has also designed an underdeck piping structure for ships, which he patented in Japan, Korea and China, which he has allowed shipping companies to use without license. Su’s underdeck piping system for ships is currently in commercial use. Su has a registered patent on a technology called Time Stamp which seeks to eliminate email fraud with a unique time signature for users. TMT has interests in Forward Freight Agreements on the global market. On 19 April 2011, Su was given the Lifetime Achievement for Entrepreneurship award at the international ShipTek conference.
Shipping business
has increased the ownership of vessels across multiple shipping classes. The company once operated over 20 carriers including LNG carriers, VLCC carriers, cement carriers and vehicle freight Ro-Ro- carriers. Presently the size of the fleet is unknown as suspected to be zero. Su has also turned TMT, his company, into a failed operator of real tankers and dry bulk ships. Under his direction TMT has expanded its fleet to include drybulk carriers, very large crude carriers, cargo carriers, liquefied natural gas 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. He has gained attention for his conspiracy theories against the global banking system, including specific attacks on RBS and JPMorgan, and for his belief in conspiracy theories that the Sept. 11th terror attacks in the US were engineered by the politicians and bankers to destroy evidence of wrongdoing.
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.
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.
