Young Executives Group News

Playing an active role and making meaningful contributions to the workings and development of the Tripartite Maritime Manpower Taskforce initiatives for both seafaring and shore-based jobs will be one of the major priorities for the new Singapore Shipping Association (SSA) Council, its recently elected President has announced. Addressing a press briefing in Singapore yesterday, Esben Poulsson said the initiative, spearheaded by the Maritime and Port Authority of Singapore (MPA)…

The Singapore Shipping Association (SSA) said it has underlined its commitment to investing in the future of the Singapore and global shipping industry by sponsoring S$50,000 through three scholarships during the 2014/2015 academic year. The scholarships will come under the the MaritimeONE Scholarship Program administered by the Singapore Maritime Foundation (SMF) and will be offered to students attending the Singapore Management University (SMU) and Singapore Maritime Academy at the Singapore Polytechnic. Applications for MaritimeONE scholarships will be from April 1-May 31, 2014.

Singapore will continue its drive to be a leading international maritime center and will work even more closely with countries and shipping associations in the region to realize its goal of creating a unified ‘Asian Voice’ in the shipping industry. This was the message given by Singapore Shipping Association (SSA) President Patrick Phoon at a press conference held at the start of Singapore Maritime Week. “World shipping is moving east, that is clear, so it is important for the SSA to work more closely with other organisations in Asia to ensure the Asian message is heard internationally.

Low freight rates and a challenging market are concerns for ship managers as they begin 2013. A survey of members of InterManager, the international trade association for the ship and crew management industry, has identified the main concerns affecting the industry as it begins the New Year. In addition to fears about how challenging market conditions impact on operating budgets, ship and crew managers are also concerned at the difficulties of finding and retaining quality staff – both at sea and on shore.