In The News

S'pore's growing logistics sector tackles hiring challenges

SingaporeTHE logistics industry in Singapore has come up against obstacles in attracting young talent even as demand for labour in the sector grows, prompting the industry and government to look for ways to improve the situation.The hiring challenges come out of a mismatch of expectations, lack of awareness of the nature of the industry and the appeal of alternative careers.Lee Eng Keat, the...


Maritime life of romance and adventure

AS A manager in the Group Commercial and Business Development Department for Singapore company Pacific Radiance, Mr Chia Yujin, 34, travels the globe in search of new business. The company owns and operates offshore vessels, such as platform supply vessels that transport goods and personnel to and from offshore oil platforms and other offshore structures. The new business might be joint ventures...


Teho buying local property firm ECG for $17m

OFFSHORE and marine company Teho International is buying local property firm ECG Property Services in a $17 million deal, giving the latter a listed vehicle for expansion. Teho executives told a briefing yesterday that it will fork out $5 million in cash for the acquisition, while the rest will be satisfied with 42.9 million shares at 28 cents apiece. This will effectively translate into an 18...


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Offshore Korea 2014

The 2nd Offshore Korea will be held in Busan, the offshore and shipbuilding city in Korea, from Nov. 12 (Wed) to Nov. 14 (Fri) 2014 .Korea, the largest offshore shipbuilding market and one of the biggest markets for those businesses of the offshore and shipbuilding equipment and materials, has large shipyards with their highest shipbuilding technologies.
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