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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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Wednesday, 24 February 16
PRIVATE EQUITY FUNDS LOOKING TO EXIT SHIPPING, MOST NOTABLY DRY BULK, AS OVERORDERING HAS RESULTED IN EXCESS TONNAGE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The injection of more than $13 billion in shipping from various private equity funds over the past few years has resulted in what many feared would ...
Wednesday, 24 February 16
THIRTEEN - NOT ALWAYS AN UNLUCKY NUMBER? - CLARKSONS
Back in early 1999 the price of a 5 year old Panamax bulkcarrier dipped to $13.5m, and ever since analysts have hailed purchase decisions made at t ...
Monday, 22 February 16
4200 GAR COAL INDEX SETTLES AT $27.02, DOWN 0.07% FROM LAST WEEK
COALspot.com: Average 5000 GAR coal index of Indonesian origin decline 0.17 percent week over week to averaging $38.89 per ton on this past Friday, ...
Monday, 22 February 16
FREIGHT MARKETS PICKED UP SLIGHTLY THIS PAST WEEK
COALspot.com: The freight markets picked up slightly this past week.
The Baltic Dry Index (BDI) of dry-bulk shipping freights, a measure of gl ...
Friday, 19 February 16
INDONESIAN HBA HITS A NEW LOWS BELOW $51 A TON AS OVERSUPPLY, LOW DEMAND WOES PERSIST
COALspot.com: Low coal demand and excess supplies sent Indonesian benchmark coal price further deep in February 2016. HBA has slumped second time t ...
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- Parry Sugars Refinery, India
- Tamil Nadu electricity Board
- Rashtriya Ispat Nigam Limited - India
- CNBM International Corporation - China
- Jaiprakash Power Ventures ltd
- Straits Asia Resources Limited - Singapore
- Energy Link Ltd, New Zealand
- MS Steel International - UAE
- Baramulti Group, Indonesia
- Marubeni Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Star Paper Mills Limited - India
- Kumho Petrochemical, South Korea
- Indian Energy Exchange, India
- Global Green Power PLC Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Sakthi Sugars Limited - India
- London Commodity Brokers - England
- Heidelberg Cement - Germany
- Vizag Seaport Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cement Manufacturers Association - India
- Chettinad Cement Corporation Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Coal Council - USA
- Merrill Lynch Commodities Europe
- Energy Development Corp, Philippines
- Africa Commodities Group - South Africa
- Planning Commission, India
- Kideco Jaya Agung - Indonesia
- Rio Tinto Coal - Australia
- Coastal Gujarat Power Limited - India
- European Bulk Services B.V. - Netherlands
- Alfred C Toepfer International GmbH - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Minerals Council of Australia
- Gujarat Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- Interocean Group of Companies - India
- Jorong Barutama Greston.PT - Indonesia
- Electricity Generating Authority of Thailand
- OPG Power Generation Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- India Bulls Power Limited - India
- PTC India Limited - India
- Timah Investasi Mineral - Indoneisa
- Aboitiz Power Corporation - Philippines
- Ministry of Finance - Indonesia
- SMC Global Power, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Sojitz Corporation - Japan
- Bhoruka Overseas - Indonesia
- PNOC Exploration Corporation - Philippines
- The University of Queensland
- Attock Cement Pakistan Limited
- Orica Mining Services - Indonesia
- Barasentosa Lestari - Indonesia
- Renaissance Capital - South Africa
- Central Java Power - Indonesia
- Global Business Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Pendopo Energi Batubara - Indonesia
- Karaikal Port Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thai Mozambique Logistica
- Semirara Mining Corp, Philippines
- Lanco Infratech Ltd - India
- Gujarat Sidhee Cement - India
- Meralco Power Generation, Philippines
- IEA Clean Coal Centre - UK
- Holcim Trading Pte Ltd - Singapore
- CIMB Investment Bank - Malaysia
- Georgia Ports Authority, United States
- McConnell Dowell - Australia
- The State Trading Corporation of India Ltd
- Samtan Co., Ltd - South Korea
- Oldendorff Carriers - Singapore
- Bharathi Cement Corporation - India
- Global Coal Blending Company Limited - Australia
- Xindia Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Intertek Mineral Services - Indonesia
- ASAPP Information Group - India
- PetroVietnam Power Coal Import and Supply Company
- Anglo American - United Kingdom
- Antam Resourcindo - Indonesia
- IHS Mccloskey Coal Group - USA
- Bangladesh Power Developement Board
- Manunggal Multi Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- Agrawal Coal Company - India
- GVK Power & Infra Limited - India
- Mercator Lines Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Port Waratah Coal Services - Australia
- Vedanta Resources Plc - India
- Madhucon Powers Ltd - India
- SN Aboitiz Power Inc, Philippines
- Independent Power Producers Association of India
- Australian Coal Association
- Kepco SPC Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Essar Steel Hazira Ltd - India
- Posco Energy - South Korea
- Bhatia International Limited - India
- Makarim & Taira - Indonesia
- Tata Chemicals Ltd - India
- Wilmar Investment Holdings
- Ind-Barath Power Infra Limited - India
- Uttam Galva Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Price Waterhouse Coopers - Russia
- New Zealand Coal & Carbon
- Kaltim Prima Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Binh Thuan Hamico - Vietnam
- Deloitte Consulting - India
- Ministry of Transport, Egypt
- Karbindo Abesyapradhi - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Banpu Public Company Limited - Thailand
- Savvy Resources Ltd - HongKong
- Larsen & Toubro Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Trasteel International SA, Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parliament of New Zealand
- Riau Bara Harum - Indonesia
- Indian Oil Corporation Limited
- Coalindo Energy - Indonesia
- Altura Mining Limited, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Sical Logistics Limited - India
- Indogreen Group - Indonesia
- Kobexindo Tractors - Indoneisa
- Indika Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indo Tambangraya Megah - Indonesia
- Latin American Coal - Colombia
- Bayan Resources Tbk. - Indonesia
- Thiess Contractors Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Ambuja Cements Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Miang Besar Coal Terminal - Indonesia
- White Energy Company Limited
- PowerSource Philippines DevCo
- Mercuria Energy - Indonesia
- VISA Power Limited - India
- South Luzon Thermal Energy Corporation
- Central Electricity Authority - India
- TeaM Sual Corporation - Philippines
- Coal and Oil Company - UAE
- Siam City Cement - Thailand
- Bukit Makmur.PT - Indonesia
- Mintek Dendrill Indonesia
- Standard Chartered Bank - UAE
- Commonwealth Bank - Australia
- Maharashtra Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- Electricity Authority, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Pipit Mutiara Jaya. PT, Indonesia
- Borneo Indobara - Indonesia
- Carbofer General Trading SA - India
- Salva Resources Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Australian Commodity Traders Exchange
- Aditya Birla Group - India
- Bhushan Steel Limited - India
- Goldman Sachs - Singapore
- Petron Corporation, Philippines
- Chamber of Mines of South Africa
- Dalmia Cement Bharat India
- Power Finance Corporation Ltd., India
- SMG Consultants - Indonesia
- Bulk Trading Sa - Switzerland
- Videocon Industries ltd - India
- Formosa Plastics Group - Taiwan
- Globalindo Alam Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Medco Energi Mining Internasional
- Singapore Mercantile Exchange
- Wood Mackenzie - Singapore
- Malabar Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- The Treasury - Australian Government
- Eastern Energy - Thailand
- Directorate Of Revenue Intelligence - India
- Vijayanagar Sugar Pvt Ltd - India
- Economic Council, Georgia
- Ministry of Mines - Canada
- Mjunction Services Limited - India
- Siam City Cement PLC, Thailand
- Indonesian Coal Mining Association
- Metalloyd Limited - United Kingdom
- Edison Trading Spa - Italy
- Simpson Spence & Young - Indonesia
- LBH Netherlands Bv - Netherlands
- ICICI Bank Limited - India
- Cigading International Bulk Terminal - Indonesia
- Romanian Commodities Exchange
- Sarangani Energy Corporation, Philippines
- Orica Australia Pty. Ltd.
- GMR Energy Limited - India
- Grasim Industreis Ltd - India
- San Jose City I Power Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Kapuas Tunggal Persada - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Sree Jayajothi Cements Limited - India
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