Latest News for: Offshore manpower

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IT firms under pressure as shift to digital pushes up demand for talent, staff cost

Business Line 28 Jul 2021
Bharani K Aroll, Chief Executive Officer of IT solutions company Infopeers with 200 employees, is currently in the United States to talk to his clients ... Also read ... “They have benefited from the work done on this front from offshore. The clients would appreciate (on the need for increasing billing price) to get quality manpower,” he said ... ....
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Plan for marine and offshore engineering sector being updated

Straits Times 27 Jul 2021
The latter had asked the Ministry of Trade and Industry (MTI) for an update on transformation plans for the carbon-intensive marine and offshore engineering sector ... DR TAN SEE LENG, Manpower Minister and Second Minister for Trade and Industry, on the industry transformation map for the marine and offshore engineering sector.
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Larsen & Toubro: Order book lends confidence for FY

Business Line 27 Jul 2021
While revenue was largely in line with Bloomberg consensus expectations, the EBITDA was around 5 per cent lower ... This should likely improve in the coming quarters ... Better manpower utilisation, increased offshoring, and operational efficiency helped the EBITDA margin go up from 20.7 per cent a year ago to 23.1 per cent in the latest June quarter ... ....
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Glenmark Life Sciences to invest Rs 600 cr to double capacity in four years

Yahoo Daily News 22 Jul 2021
Read full article. Oops!. Something went wrong. Please try again later. More content below. GLENMARK.NS. 22 July 2021, 4.19 pm·4-min read. Oops!. Something went wrong ... Rawjee ruled out manufacturing in offshores, saying massive cost efficiencies, quality of the manpower and backward integration that it enjoys here cannot be matched in any other market.
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Global outlook uncertain but S'pore's GDP still set to grow 4% to 6% this year: ...

Straits Times 05 Jul 2021
The construction, marine and offshore engineering sectors are not short of projects, but they face a severe manpower crunch due to the Covid-19 restrictions ... will do its part to re-skill the affected workers and help them transition to other growing sectors that need manpower.
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GDP likely to grow 4-6% despite global uncertainties

Straits Times 05 Jul 2021
The global economic outlook continues to be highly uncertain and will weigh on a small and open economy such as Singapore ... But the recovery will be uneven across sectors, said Mr Wong. For example, the construction, marine and offshore engineering sectors are not short of projects, but face a manpower crunch due to Covid-19 restrictions ... Grace Ho ....
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Rave Technologies India announces name change

Beijing News 01 Jul 2021
Mumbai (Maharashtra) , July 1 (ANI/PRNewswire). Rave Technologies (India) Private Ltd. today announced a name change to NEC Software Solutions (India) Private Ltd. effective from July 1, 2021 ... Supported by more than 1300 exceptionally talented manpower, the company is a hub for offshore support and technology services ... (ANI/PRNewswire) ....
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Extra $3.5m to prop up maritime sector; relief schemes extended

Straits Times 30 Jun 2021
Port dues concessions for offshore vessel operators will continue and credit terms for maritime companies will be extended. On the manpower front, schemes to encourage firms and individuals to upskill will be extended, as will the Seafarers Relief Package for Singaporeans who face difficulties in securing shipboard employment.
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Extra $3.5m to prop up maritime sector; existing support measures extended further

Straits Times 30 Jun 2021
Port dues concessions for offshore vessel operators will continue and credit terms for maritime companies will be extended. On the manpower front, schemes to encourage firms and individuals to upskill will be extended, as will the Seafarers Relief Package for Singaporeans who face difficulties in securing shipboard employment.
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Sembmarine seeking alternative sources for skilled workers; likely to incur extra costs

Straits Times 08 Jun 2021
The marine and offshore engineering group added that this is likely to incur increased manpower costs for ongoing projects and that it would continue to coordinate with customers to ...
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Saudi Arabia's Al Gihaz Contracting buys assets of UK subsea contracting company

Gulf News 06 Apr 2021
Enshore Subsea will be based out of the existing operational facility in the UK’s Port of Blyth, ideal to serve the Northern European offshore wind.
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India's economic outlook better post-Covid than pre-Covid: Prashant Jain

The Times of India 29 Jan 2021
This is a globally competitive sector and what China is to manufacturing, India is to services and we have significant strengths both due to the skilled low cost manpower because of the offshore model which drops costs very sharply and above all, the companies which have built ...
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Japan mulls strike capability but US has doubts

Asiatimes 19 Oct 2020
TikTok’s 90 days in the cooking pot ... Photo ... And even if Japan were to scale up its defense spending, it would face other barriers such as the lack of manpower and the shortfalls in recruitment ... Placing the interceptors on ships offshore would strain an already growing shortage of manpower for the Japanese Maritime Self Defense Forces, experts note.
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‘I just want my husband’s remains to be returned to us’

Al Jazeera 28 Sep 2020
This story was produced in partnership with the Pulitzer Center ... He could settle down and marry his girlfriend ... A long time at sea ... That day would never come ... Global Maritime Crew and Global Offshore & Marine Manpower Solution, the manpower agencies that recruited most of the crew for the Fu Yuan Yu vessels, could not be reached for comment ... .
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Singapore again downgrades GDP forecast due to COVID-19 crisis

La Prensa Latina 26 May 2020
... premises, “have further dampened domestic economic activity, along with domestic consumption,” and that “sectors like construction and marine and offshore engineering have been severely affected by manpower shortages due to the outbreak of infections among foreign workers.”.
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