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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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Monday, 08 February 16
DRY-BULK SHIPPING DIVING DEEP
COALspot.com: The freight markets continued to fall this past week.
The Baltic Dry Index (BDI) of dry-bulk shipping freights, a measure of glo ...
Monday, 08 February 16
DRY BULK: SHIPBROKER SEES BDI MARKET REACHING LOW POINT OF 236 POINTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The endless pit that is the dry bulk market over the past two months, has been the issue of debate among ship owners, shipbroker and analysts alike ...
Friday, 05 February 16
COAL INDIA EYES COAL MINES IN SOUTH AFRICA - PTI
“Coal India Ltd has plans of acquiring coal mines in South Africa,” an official said. It is looking at acquiring mines in partnership w ...
Friday, 05 February 16
U.S. WEEKLY COAL OUTPUT ROSE 4.2% TO 13.6 MMST
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 13.6 million shor ...
Thursday, 04 February 16
CAPESIZE: WEST AUSTRALIAN TO CHINA HAS BEEN CONCLUDED AT US$ 2.85 PMT AND THE C3 MARKET REMAINS INACTIVE - FEARNLEYS
Capesize
As everyone is getting ready for the Chinese new year, already depressed rates are under further pressure.
According to Fearnleys, ...
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- Grasim Industreis Ltd - India
- Timah Investasi Mineral - Indoneisa
- Price Waterhouse Coopers - Russia
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- Karaikal Port Pvt Ltd - India
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- Economic Council, Georgia
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- TNB Fuel Sdn Bhd - Malaysia
- The University of Queensland
- Vedanta Resources Plc - India
- Rio Tinto Coal - Australia
- Jaiprakash Power Ventures ltd
- Bayan Resources Tbk. - Indonesia
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- ICICI Bank Limited - India
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- Eastern Energy - Thailand
- Africa Commodities Group - South Africa
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- The State Trading Corporation of India Ltd
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- New Zealand Coal & Carbon
- Bhushan Steel Limited - India
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- Planning Commission, India
- Goldman Sachs - Singapore
- Banpu Public Company Limited - Thailand
- Lanco Infratech Ltd - India
- Commonwealth Bank - Australia
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- Romanian Commodities Exchange
- Maharashtra Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
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- SMC Global Power, Philippines
- Marubeni Corporation - India
- Indonesian Coal Mining Association
- Bulk Trading Sa - Switzerland
- Riau Bara Harum - Indonesia
- Antam Resourcindo - Indonesia
- Thai Mozambique Logistica
- Energy Link Ltd, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Australian Coal Association
- Bharathi Cement Corporation - India
- Global Coal Blending Company Limited - Australia
- Directorate General of MIneral and Coal - Indonesia
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- Jindal Steel & Power Ltd - India
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- PetroVietnam Power Coal Import and Supply Company
- Ambuja Cements Ltd - India
- Sojitz Corporation - Japan
- Mercator Lines Limited - India
- PowerSource Philippines DevCo
- Holcim Trading Pte Ltd - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coal and Oil Company - UAE
- Salva Resources Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Carbofer General Trading SA - India
- Ministry of Mines - Canada
- Metalloyd Limited - United Kingdom
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- Bhatia International Limited - India
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- Star Paper Mills Limited - India
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- European Bulk Services B.V. - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- Bhoruka Overseas - Indonesia
- Anglo American - United Kingdom
- Indogreen Group - Indonesia
- Coalindo Energy - Indonesia
- Standard Chartered Bank - UAE
- CIMB Investment Bank - Malaysia
- CNBM International Corporation - China
- Oldendorff Carriers - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ceylon Electricity Board - Sri Lanka
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Barasentosa Lestari - Indonesia
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- Merrill Lynch Commodities Europe
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- Georgia Ports Authority, United States
- Xindia Steels Limited - India
- Minerals Council of Australia
- Singapore Mercantile Exchange
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- Sakthi Sugars Limited - India
- Power Finance Corporation Ltd., India
- Kartika Selabumi Mining - Indonesia
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- Savvy Resources Ltd - HongKong
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- Australian Commodity Traders Exchange
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- Indian Oil Corporation Limited
- Wood Mackenzie - Singapore
- International Coal Ventures Pvt Ltd - India
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- Sinarmas Energy and Mining - Indonesia
- Global Business Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Mintek Dendrill Indonesia
- Kumho Petrochemical, South Korea
- Aboitiz Power Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Meenaskhi Energy Private Limited - India
- Samtan Co., Ltd - South Korea
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- Independent Power Producers Association of India
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- Electricity Generating Authority of Thailand
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- IEA Clean Coal Centre - UK
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