Push to Retrain Shipyard Workers

Aim is to prevent layoffs while getting firms ready for economic upturn

SINGAPORE'S shipping industry is making a big push to take advantage of the downturn by planning ambitious training programs for workers. The aim is to encourage maritime firms, which until recently had been battling a staff shortage, to retain their employees and get them ready for when the economy turns around. The Singapore Shipping Association (SSA) plans to train more than 1,100 workers next year under its Skills Program for Upgrading and Resilience (Spur). This recently launched $600 million government program was developed by the Workforce Development Agency and aims to encourage companies to upgrade the capabilities of their workers during the economic slump.

Hong Lam Marine, 'K' Line Singapore, Ocean Tankers, Neptune Orient Lines, Pacific International Lines, Regional Container Lines and Winstonnage Agencies - have committed to the plan. They will send 375 staff for retraining under the scheme. Besides training, it will help to facilitate career and job search services for people interested in joining the maritime industry.

Early this year, the shortage of qualified professionals in the specialized maritime field was one of the biggest growth constraints of the booming industry. The talent shortage prompted the launch of the Maritime Outreach Network last year to raise awareness of the industry and attract quality personnel. But a slump in global trade over recent months has sent shipping rates plummeting by as much as 90 per cent, leaving many firms with excess capacity.

Source: http://www.straitstimes.com/Breaking%2BNews/Money/Story/STIStory_313504.html