Latest News for: Offshore manpower

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Singapore cannot simply let go and let things rip, as PM Lee rules out indefinite lockdown

The Times of India 24 Oct 2021
SINGAPORE ... "I fully understand how you feel ... Apart from the tourism sector getting hit, construction, marine and offshore engineering were also severely affected due to manpower shortages due to the outbreak of infections among foreign workers, especially those living in dormitories, the Ministry of Trade and Industry had said ... .
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Jonathan Kraut | The Actual Meaning of ‘America First’

The Signal 13 Oct 2021
Last week there were 62 cargo ships at the port of San Pedro-Long Beach waiting offshore to offload cargo, primarily from our major trading partner China ... offshore in August ... The reason ships sit offshore for weeks is because there are manpower shortages, not supply chain issues.
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Clearing companies to ask Sebi to defer T+1 settlement

The Times of India 11 Oct 2021
Mumbai ... Lack of sufficient manpower during the year-end is another reason being cited by custodians and offshore funds for seeking a delay in implementation of the new rules said the people cited above ... Sebi's proposal to shorten the settlement cycle has met with resistance from several offshore funds, custodians and FPI lobby groups ... .
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Career plans launched for marine and offshore engineering

Straits Times 05 Oct 2021
Two Career Development Plans were launched yesterday to attract local talent to the marine and offshore engineering industry ... They are critical in almost every aspect of marine and offshore projects.". He added that the launch is also vital due to a manpower shortage here.
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Career Development Plans launched for marine and offshore industry

Straits Times 05 Oct 2021
SINGAPORE - Two Career Development Plans were launched on Tuesday (Oct 5) to attract local talent to the marine and offshore engineering industry ... "The marine and offshore engineering industry contributed $3.6 billion to Singapore's gross domestic product and is crucial in cementing the country's position as a global trade hub.
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Sarawak govt urged to intervene over Petronas' move to give contract to non-Sarawakian firm

Malaysian National News Agency 04 Oct 2021
BUSINESS. Sarawak govt urged to intervene over Petronas' move to give contract to non-Sarawakian firm ... “The contract is to provide equipment, manpower and consumables for the alternative blasting works offshore Sarawak ... ....
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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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