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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, 17 February 16
THE OWNERS FACING HISTORICAL LOW DRY BULK RATES; COAL IMPORTS TO CHINA IS STILL POINTING TO A STRONG TREND OF DECLINING CONSUMPTION
The sharp fall in dry bulk rates that has been taking place since the end of last year and has left owners facing historical low rates for a substa ...
Monday, 15 February 16
CALL THE DOCTOR! SHIPPING'S MEDICAL DRAMA UNFOLDS......- CLARKSONS
The recycling market has started 2016 with a bang, with a huge volume of tonnage heading to demolition facilities. Many of the key shipping markets ...
Monday, 15 February 16
CS 42 COAL INDEX ROSE 0.07% WEEK OVER WEEK
COALspot.com: Average 5000 GAR coal index of Indonesian origin decline 0.15 percent week over week to averaging $38.96 per ton on this past Friday, ...
Monday, 15 February 16
BALTIC INDEX MARGINALLY ROSE BY A POINT D-D; CAPESIZE INDEX DOWN 13 POINTS W-W; PANAMAX INDEX UP 29 POINTS W-W
COALspot.com: The freight markets continued to fall this past week.
The BDI, The Baltic Dry Index (BDI) of dry-bulk shipping freights, a measu ...
Friday, 12 February 16
DRY BULK MARKET'S FORTUNES STILL TIED WITH CHINA'S ECONOMY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The inevitable slowdown of the Chinese economy was expected to hurt dry bulk shipping, but few expected the blow to be this hard, especially given ...
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- Kartika Selabumi Mining - Indonesia
- Deloitte Consulting - India
- Bahari Cakrawala Sebuku - Indonesia
- Sojitz Corporation - Japan
- Ceylon Electricity Board - Sri Lanka
- Indika Energy - Indonesia
- Mercator Lines Limited - India
- Bharathi Cement Corporation - India
- GN Power Mariveles Coal Plant, Philippines
- Parry Sugars Refinery, India
- MS Steel International - UAE
- Wood Mackenzie - Singapore
- Makarim & Taira - Indonesia
- Coalindo Energy - Indonesia
- Economic Council, Georgia
- Directorate Of Revenue Intelligence - India
- Vijayanagar Sugar Pvt Ltd - India
- VISA Power Limited - India
- Sree Jayajothi Cements Limited - India
- India Bulls Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- GMR Energy Limited - India
- CIMB Investment Bank - Malaysia
- Meenaskhi Energy Private Limited - India
- Renaissance Capital - South Africa
- Merrill Lynch Commodities Europe
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Indonesian Coal Mining Association
- Intertek Mineral Services - Indonesia
- Petron Corporation, Philippines
- Wilmar Investment Holdings
- Kaltim Prima Coal - Indonesia
- Baramulti Group, Indonesia
- Standard Chartered Bank - UAE
- Malabar Cements Ltd - India
- Barasentosa Lestari - Indonesia
- Mintek Dendrill Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The University of Queensland
- ICICI Bank Limited - India
- Interocean Group of Companies - India
- Kumho Petrochemical, South Korea
- Gujarat Mineral Development Corp Ltd - India
- Pendopo Energi Batubara - Indonesia
- Kobexindo Tractors - Indoneisa
- PowerSource Philippines DevCo
- Price Waterhouse Coopers - Russia
- Sakthi Sugars Limited - India
- Thai Mozambique Logistica
- Tata Chemicals Ltd - India
- Eastern Energy - Thailand
- Thiess Contractors Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Indo Tambangraya Megah - Indonesia
- OPG Power Generation Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- IEA Clean Coal Centre - UK
- Toyota Tsusho Corporation, Japan
- Singapore Mercantile Exchange
- Latin American Coal - Colombia
- Straits Asia Resources Limited - Singapore
- Bhatia International Limited - India
- Edison Trading Spa - Italy
- Vizag Seaport Private Limited - India
- Romanian Commodities Exchange
- San Jose City I Power Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Oldendorff Carriers - Singapore
- New Zealand Coal & Carbon
- Karaikal Port Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Development Corp, Philippines
- Uttam Galva Steels Limited - India
- Bukit Makmur.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- White Energy Company Limited
- Jorong Barutama Greston.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- Orica Australia Pty. Ltd.
- Africa Commodities Group - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jindal Steel & Power Ltd - India
- Global Coal Blending Company Limited - Australia
- Kepco SPC Power Corporation, Philippines
- Commonwealth Bank - Australia
- SN Aboitiz Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- CNBM International Corporation - China
- PetroVietnam Power Coal Import and Supply Company
- SMC Global Power, Philippines
- Coal and Oil Company - UAE
- Trasteel International SA, Italy
- Bhushan Steel Limited - India
- Electricity Authority, New Zealand
- Attock Cement Pakistan Limited
- Meralco Power Generation, Philippines
- Georgia Ports Authority, United States
- Ministry of Mines - Canada
- Kalimantan Lumbung Energi - Indonesia
- Australian Commodity Traders Exchange
- Bhoruka Overseas - Indonesia
- Semirara Mining Corp, Philippines
- Goldman Sachs - Singapore
- Global Business Power Corporation, Philippines
- Parliament of New Zealand
- Minerals Council of Australia
- Indogreen Group - Indonesia
- Kideco Jaya Agung - Indonesia
- Gujarat Sidhee Cement - India
- Antam Resourcindo - Indonesia
- Globalindo Alam Lestari - Indonesia
- Borneo Indobara - Indonesia
- Tamil Nadu electricity Board
- PTC India Limited - India
- Grasim Industreis Ltd - India
- Port Waratah Coal Services - Australia
- Leighton Contractors Pty Ltd - Australia
- Australian Coal Association
- Directorate General of MIneral and Coal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Posco Energy - South Korea
- IHS Mccloskey Coal Group - USA
- Asmin Koalindo Tuhup - Indonesia
- McConnell Dowell - Australia
- Maharashtra Electricity Regulatory Commission - India
- Karbindo Abesyapradhi - Indoneisa
- GVK Power & Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- Anglo American - United Kingdom
- ASAPP Information Group - India
- Rio Tinto Coal - Australia
- Aboitiz Power Corporation - Philippines
- Ministry of Transport, Egypt
- European Bulk Services B.V. - Netherlands
- Metalloyd Limited - United Kingdom
- Banpu Public Company Limited - Thailand
- Central Java Power - Indonesia
- Electricity Generating Authority of Thailand
- Eastern Coal Council - USA
- Krishnapatnam Port Company Ltd. - India
- LBH Netherlands Bv - Netherlands
- Videocon Industries ltd - India
- Aditya Birla Group - India
- Timah Investasi Mineral - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Bukit Asam (Persero) Tbk - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Ambuja Cements Ltd - India
- TeaM Sual Corporation - Philippines
- London Commodity Brokers - England
- Cement Manufacturers Association - India
- Sinarmas Energy and Mining - Indonesia
- Dalmia Cement Bharat India
- Samtan Co., Ltd - South Korea
- Marubeni Corporation - India
- Binh Thuan Hamico - Vietnam
- Altura Mining Limited, Indonesia
- Xindia Steels Limited - India
- Vedanta Resources Plc - India
- Medco Energi Mining Internasional
- Star Paper Mills Limited - India
- Heidelberg Cement - Germany
- Central Electricity Authority - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Mining Services - Indonesia
- Energy Link Ltd, New Zealand
- Riau Bara Harum - Indonesia
- Indian Energy Exchange, India
- Neyveli Lignite Corporation Ltd, - India
- Salva Resources Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- PNOC Exploration Corporation - Philippines
- Therma Luzon, Inc, Philippines
- South Luzon Thermal Energy Corporation
- The Treasury - Australian Government
- Mercuria Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bangladesh Power Developement Board
- Petrochimia International Co. Ltd.- Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement - Thailand
- The State Trading Corporation of India Ltd
- Bayan Resources Tbk. - Indonesia
- Ministry of Finance - Indonesia
- Iligan Light & Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Savvy Resources Ltd - HongKong
- Sical Logistics Limited - India
- Larsen & Toubro Limited - India
- Indian Oil Corporation Limited
- Simpson Spence & Young - Indonesia
- Chamber of Mines of South Africa
- Mjunction Services Limited - India
- Manunggal Multi Energi - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Semirara Mining and Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Carbofer General Trading SA - India
- SMG Consultants - Indonesia
- Madhucon Powers Ltd - India
- Agrawal Coal Company - India
- Siam City Cement PLC, Thailand
- Planning Commission, India
- AsiaOL BioFuels Corp., Philippines
- Lanco Infratech Ltd - India
- Formosa Plastics Group - Taiwan
- Coastal Gujarat Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Essar Steel Hazira Ltd - India
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