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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, 03 February 16
DRY BULK MARKET CONTINUES TO BE UNDER PRESSURE - INTERMODAL
The Dry Bulk market continues to be under pressure, with the BDI remaining in search of even the slightest support, which seems to be delaying more ...
Tuesday, 02 February 16
RECORD EXPORTS THROUGH SOUTH AFRICA'S RICHARDS BAY COAL TERMINAL MADE AT EXPENSE OF SMALLER RIVALS, IHS SAYS
Five percent increase in coal exports through South Africa’s dominant Richards Bay Coal Terminal in 2015 unlikely to accelerate country&rsquo ...
Tuesday, 02 February 16
SETTING ASIDE, STRIKING OUT AND APPEALS TO THE COURT OF APPEAL IN SHIP ARRESTS - RAJAH & TANN ASIA LLP
KNOWLEDGE TO ELEVATE
The Singapore Court of Appeal once again has had to grapple with ship arrest, setting aside and appeals to the Court unde ...
Monday, 01 February 16
DRY BULK SUFFERS FROM POSEIDON'S POTENT PRONGS - CLARKSONS
It has been a grim start to 2016 for the bulkcarrier market, with the Baltic Dry Index sliding to new record lows on almost every day of the year s ...
Monday, 01 February 16
INDONESIA'S SECOND LARGEST COAL MINER ADARO ENERGY HAS PRODUCED 51.46 MT IN 2015; 8% LOWER COMPARED TO FY14
COALspot.com: Adaro Energy, the Indonesia’s second largest coal producer by volume has produced 51.46 Mt in 2015, 8% lower compared to ...
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- Toyota Tsusho Corporation, Japan
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- Krishnapatnam Port Company Ltd. - India
- Riau Bara Harum - Indonesia
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- Siam City Cement PLC, Thailand
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- Kumho Petrochemical, South Korea
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- PNOC Exploration Corporation - Philippines
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- Orica Australia Pty. Ltd.
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- Trasteel International SA, Italy
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- Planning Commission, India
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- Timah Investasi Mineral - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- White Energy Company Limited
- SN Aboitiz Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Electricity Regulatory Commission - India
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- Gujarat Mineral Development Corp Ltd - India
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- Alfred C Toepfer International GmbH - Germany
- ASAPP Information Group - India
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- Eastern Energy - Thailand
- Australian Commodity Traders Exchange
- Indogreen Group - Indonesia
- Energy Development Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Power Finance Corporation Ltd., India
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- IEA Clean Coal Centre - UK
- Energy Link Ltd, New Zealand
- Parliament of New Zealand
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- Parry Sugars Refinery, India
- Indonesian Coal Mining Association
- VISA Power Limited - India
- Global Coal Blending Company Limited - Australia
- Independent Power Producers Association of India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Banpu Public Company Limited - Thailand
- SMG Consultants - Indonesia
- Attock Cement Pakistan Limited
- Malabar Cements Ltd - India
- Romanian Commodities Exchange
- CIMB Investment Bank - Malaysia
- Sakthi Sugars Limited - India
- Ambuja Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Uttam Galva Steels Limited - India
- Binh Thuan Hamico - Vietnam
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- Tata Chemicals Ltd - India
- Tamil Nadu electricity Board
- Iligan Light & Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Agrawal Coal Company - India
- Minerals Council of Australia
- Grasim Industreis Ltd - India
- GVK Power & Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Latin American Coal - Colombia
- Central Java Power - Indonesia
- Indian Energy Exchange, India
- Vedanta Resources Plc - India
- Karaikal Port Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Sarangani Energy Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- The University of Queensland
- Orica Mining Services - Indonesia
- Edison Trading Spa - Italy
- Siam City Cement - Thailand
- Star Paper Mills Limited - India
- Sical Logistics Limited - India
- Kapuas Tunggal Persada - Indonesia
- Singapore Mercantile Exchange
- Indian Oil Corporation Limited
- Medco Energi Mining Internasional
- Pendopo Energi Batubara - Indonesia
- Standard Chartered Bank - UAE
- Renaissance Capital - South Africa
- Kobexindo Tractors - Indoneisa
- Dalmia Cement Bharat India
- Bulk Trading Sa - Switzerland
- The Treasury - Australian Government
- Lanco Infratech Ltd - India
- Deloitte Consulting - India
- Billiton Holdings Pty Ltd - Australia
- Eastern Coal Council - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- Interocean Group of Companies - India
- The State Trading Corporation of India Ltd
- GN Power Mariveles Coal Plant, Philippines
- Price Waterhouse Coopers - Russia
- Bhushan Steel Limited - India
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- Oldendorff Carriers - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Bharathi Cement Corporation - India
- Ministry of Finance - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Global Green Power PLC Corporation, Philippines
- Indika Energy - Indonesia
- India Bulls Power Limited - India
- Salva Resources Pvt Ltd - India
- Ministry of Mines - Canada
- Metalloyd Limited - United Kingdom
- Rio Tinto Coal - Australia
- Indo Tambangraya Megah - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Petron Corporation, Philippines
- Sojitz Corporation - Japan
- Aditya Birla Group - India
- Holcim Trading Pte Ltd - Singapore
- Ind-Barath Power Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Intertek Mineral Services - Indonesia
- LBH Netherlands Bv - Netherlands
- Therma Luzon, Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Gujarat Sidhee Cement - India
- Australian Coal Association
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- Coal and Oil Company - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GMR Energy Limited - India
- Madhucon Powers Ltd - India
- Chamber of Mines of South Africa
- Kartika Selabumi Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- McConnell Dowell - Australia
- SMC Global Power, Philippines
- Mjunction Services Limited - India
- Straits Asia Resources Limited - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Altura Mining Limited, Indonesia
- Sree Jayajothi Cements Limited - India
- Ministry of Transport, Egypt
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- European Bulk Services B.V. - Netherlands
- Kideco Jaya Agung - Indonesia
- Carbofer General Trading SA - India
- Merrill Lynch Commodities Europe
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- Manunggal Multi Energi - Indonesia
- MS Steel International - UAE
- Jindal Steel & Power Ltd - India
- PowerSource Philippines DevCo
- Electricity Authority, New Zealand
- Africa Commodities Group - South Africa
- Barasentosa Lestari - Indonesia
- Georgia Ports Authority, United States
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PTC India Limited - India
- Thai Mozambique Logistica
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Baiduri Energy - Indonesia
- Global Business Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Simpson Spence & Young - Indonesia
- Makarim & Taira - Indonesia
- London Commodity Brokers - England
- New Zealand Coal & Carbon
- IHS Mccloskey Coal Group - USA
- Economic Council, Georgia
- Baramulti Group, Indonesia
- Port Waratah Coal Services - Australia
- Goldman Sachs - Singapore
- Kaltim Prima Coal - Indonesia
- Essar Steel Hazira Ltd - India
- OPG Power Generation Pvt Ltd - India
- Cement Manufacturers Association - India
- Wood Mackenzie - Singapore
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