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Monday, 27 June 16
BREXIT RESULT COULD SEE UK FACING AN EXODUS OF MARITIME TALENT - FASTSTREAM
 The UK’s decision to leave the EU has the potential to drive many of its maritime employees away, according to the results of a survey issued by industry recruitment group Faststream earlier today.
A survey to UK based maritime employees, issued following the Brexit results today (24.06.16), shows that over 39% of employees who wouldn’t previously have looked at a move away from the UK would now consider roles overseas, with a further 23% undecided. “It’s a leave vote for the UK and a leave vote for UK maritime employees” comments Mark Charman, Faststream Group CEO.
Charman continued; “Global mobility has always been a positive aspect of working in the maritime industry. 66% of respondents to our survey would have considered a role outside the UK prior today’s Brexit results, which shows just how flexible the maritime workforce are. The uncertainty that a leave vote brings just adds fuel to the fire.”
The UK, like many other global maritime hubs, already faces a serious shortage of talent in shore-based operations. The opportunity for UK employees to secure jobs away for its shores will be possible for many, but not all. “The shock factor created by the reality of the UK leaving the EU will create immediate uncertainty for many UK maritime employees. However, wanting to move away from the UK doesn’t mean that employees can or should. It’s a big decision, both personally and professionally, and not one to take lightly.”
Charman continued; “The subject of losing talent from one location to another is not ground-breaking. Whether it’s a downturn in a certain region, rising living costs, lack of opportunities or low pay, there will always be a host of reasons for maritime employees to consider a move away from their current location. On face value the leave vote in the UK is not unlike any of these. Time will tell.”
Faststream will be looking closely at confidence within the sector over the coming months. “We already have plans in place to record, analyse and release a monthly maritime confidence index later this year which will monitor employee confidence data within global maritime hubs. We feel that this is important, not just for the UK but to the market as a whole.”
Source: Faststream | Hellenic Shipping News
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Thursday, 19 May 16
AUSTRALIAN IRON ORE CARGOES PUSHED UP THE FREIGHT RATES FOR CAPE THIS WEEK - FEARNLEYS
Cape
It has been a big jump in the freight rates for Cape size this week, says Fearnleys in its latest weekly report. All of the Australian iron ...
Thursday, 19 May 16
DISPUTE OVER VAT ON COAL DRAGS ON, CAUSING DOUBLE-BLOW TO MINERS - JP
The dispute over the value-added tax ( VAT ) mechanism between coal miners operating under third-generation contracts and the Finance Ministry&rsqu ...
Wednesday, 18 May 16
DRY BULK OUTLOOK REMAINS GLOOMY SAYS DANISH SHIP FINANCE, AS SHIPPING NEEDS TO RETHINK BUSINESS MODEL - HELLENIC SHIPPING
Our Shipping Market Review – May 2016 is devoted to the fourth industrial revolution. To understand the truly disruptive nature of the fourth ...
Wednesday, 18 May 16
LONG TERM FUNDAMENTALS ARE SLOWLY IMPROVING FOR THE DRY BULK MARKET - INTERMODAL
As we are approaching the end of the first half of the year, there is a number of market participants over at the dry bulk sector that have started ...
Tuesday, 17 May 16
INDONESIAN COAL PRICE REFERENCE DECLINE AGAIN
COALspot.com: The Indonesia Coal Benchmark Price declined in May 2016.
The Director General of Mineral and Coal of Indonesia, the regulator of ...
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- Formosa Plastics Group - Taiwan
- Karbindo Abesyapradhi - Indoneisa
- Bhatia International Limited - India
- Indogreen Group - Indonesia
- Dalmia Cement Bharat India
- Directorate Of Revenue Intelligence - India
- Billiton Holdings Pty Ltd - Australia
- Aditya Birla Group - India
- IEA Clean Coal Centre - UK
- Malabar Cements Ltd - India
- Essar Steel Hazira Ltd - India
- Therma Luzon, Inc, Philippines
- Kumho Petrochemical, South Korea
- Simpson Spence & Young - Indonesia
- New Zealand Coal & Carbon
- SMG Consultants - Indonesia
- Bangladesh Power Developement Board
- Kapuas Tunggal Persada - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Standard Chartered Bank - UAE
- Heidelberg Cement - Germany
- GVK Power & Infra Limited - India
- Interocean Group of Companies - India
- Merrill Lynch Commodities Europe
- Antam Resourcindo - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Carbofer General Trading SA - India
- SN Aboitiz Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Oldendorff Carriers - Singapore
- Sinarmas Energy and Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- GMR Energy Limited - India
- Ministry of Finance - Indonesia
- VISA Power Limited - India
- Commonwealth Bank - Australia
- Altura Mining Limited, Indonesia
- Videocon Industries ltd - India
- CIMB Investment Bank - Malaysia
- The State Trading Corporation of India Ltd
- Posco Energy - South Korea
- Aboitiz Power Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Coalindo Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Sree Jayajothi Cements Limited - India
- Samtan Co., Ltd - South Korea
- Globalindo Alam Lestari - Indonesia
- SMC Global Power, Philippines
- Borneo Indobara - Indonesia
- OPG Power Generation Pvt Ltd - India
- Indika Energy - Indonesia
- Anglo American - United Kingdom
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meralco Power Generation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Siam City Cement - Thailand
- Uttam Galva Steels Limited - India
- CNBM International Corporation - China
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sojitz Corporation - Japan
- Coal and Oil Company - UAE
- AsiaOL BioFuels Corp., Philippines
- Barasentosa Lestari - Indonesia
- Power Finance Corporation Ltd., India
- Central Electricity Authority - India
- Timah Investasi Mineral - Indoneisa
- Cement Manufacturers Association - India
- Chettinad Cement Corporation Ltd - India
- Indo Tambangraya Megah - Indonesia
- Kepco SPC Power Corporation, Philippines
- McConnell Dowell - Australia
- Chamber of Mines of South Africa
- Petron Corporation, Philippines
- Orica Mining Services - Indonesia
- Kideco Jaya Agung - Indonesia
- Port Waratah Coal Services - Australia
- Leighton Contractors Pty Ltd - Australia
- PTC India Limited - India
- Minerals Council of Australia
- Global Coal Blending Company Limited - Australia
- London Commodity Brokers - England
- Vizag Seaport Private Limited - India
- Global Green Power PLC Corporation, Philippines
- White Energy Company Limited
- Makarim & Taira - Indonesia
- Jindal Steel & Power Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Singapore Mercantile Exchange
- Electricity Generating Authority of Thailand
- Georgia Ports Authority, United States
- Miang Besar Coal Terminal - Indonesia
- Attock Cement Pakistan Limited
- PowerSource Philippines DevCo
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Independent Power Producers Association of India
- Karaikal Port Pvt Ltd - India
- Goldman Sachs - Singapore
- European Bulk Services B.V. - Netherlands
- Bharathi Cement Corporation - India
- Marubeni Corporation - India
- Ceylon Electricity Board - Sri Lanka
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining and Power Corporation, Philippines
- ICICI Bank Limited - India
- Central Java Power - Indonesia
- Australian Coal Association
- Bayan Resources Tbk. - Indonesia
- Parry Sugars Refinery, India
- Eastern Energy - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Larsen & Toubro Limited - India
- Ind-Barath Power Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Mines - Canada
- TNB Fuel Sdn Bhd - Malaysia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mintek Dendrill Indonesia
- India Bulls Power Limited - India
- Australian Commodity Traders Exchange
- Wood Mackenzie - Singapore
- Energy Link Ltd, New Zealand
- ASAPP Information Group - India
- Kartika Selabumi Mining - Indonesia
- Africa Commodities Group - South Africa
- Bhoruka Overseas - Indonesia
- Economic Council, Georgia
- Meenaskhi Energy Private Limited - India
- Sarangani Energy Corporation, Philippines
- Medco Energi Mining Internasional
- Vedanta Resources Plc - India
- Gujarat Electricity Regulatory Commission - India
- Salva Resources Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Deloitte Consulting - India
- Ambuja Cements Ltd - India
- Renaissance Capital - South Africa
- Indian Energy Exchange, India
- Binh Thuan Hamico - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Coastal Gujarat Power Limited - India
- Edison Trading Spa - Italy
- GAC Shipping (India) Pvt Ltd
- Indian Oil Corporation Limited
- South Luzon Thermal Energy Corporation
- Ministry of Transport, Egypt
- Price Waterhouse Coopers - Russia
- Neyveli Lignite Corporation Ltd, - India
- PNOC Exploration Corporation - Philippines
- TeaM Sual Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Eastern Coal Council - USA
- Latin American Coal - Colombia
- Intertek Mineral Services - Indonesia
- Gujarat Sidhee Cement - India
- Rio Tinto Coal - Australia
- The Treasury - Australian Government
- Toyota Tsusho Corporation, Japan
- Kaltim Prima Coal - Indonesia
- Metalloyd Limited - United Kingdom
- IHS Mccloskey Coal Group - USA
- Baramulti Group, Indonesia
- Orica Australia Pty. Ltd.
- Sindya Power Generating Company Private Ltd
- Siam City Cement PLC, Thailand
- Wilmar Investment Holdings
- Indonesian Coal Mining Association
- Iligan Light & Power Inc, Philippines
- Mercuria Energy - Indonesia
- Sical Logistics Limited - India
- Romanian Commodities Exchange
- Planning Commission, India
- LBH Netherlands Bv - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Electricity Authority, New Zealand
- Sakthi Sugars Limited - India
- Grasim Industreis Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Madhucon Powers Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thai Mozambique Logistica
- Jorong Barutama Greston.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Star Paper Mills Limited - India
- Trasteel International SA, Italy
- The University of Queensland
- Energy Development Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Agrawal Coal Company - India
- Bukit Baiduri Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Krishnapatnam Port Company Ltd. - India
- Xindia Steels Limited - India
- Jaiprakash Power Ventures ltd
- Global Business Power Corporation, Philippines
- Tamil Nadu electricity Board
- Mjunction Services Limited - India
- Bhushan Steel Limited - India
- Riau Bara Harum - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- Mercator Lines Limited - India
- Manunggal Multi Energi - Indonesia
- Savvy Resources Ltd - HongKong
- Semirara Mining Corp, Philippines
- Tata Chemicals Ltd - India
- Parliament of New Zealand
- Bulk Trading Sa - Switzerland
- MS Steel International - UAE
- Maheswari Brothers Coal Limited - India
- Lanco Infratech Ltd - India
- Banpu Public Company Limited - Thailand
- Thiess Contractors Indonesia
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