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ASMI News 2005 : 1st Quarter

Industry News


Training & Information


Major Shipyard Groups Expand Stakes Overseas

Two major shipyard groups have announced recent investments to expand overseas. Keppel Offshore & Marine Ltd (KOM) has acquired from the PEM Setal Group its entire 40% interest in FELS Seta[ S.A. With this acquisition, FELS Seta is now a wholly owned subsidiary of KOM, and has been renamed Keppel FELS Brasil SA. Keppel FELS Brasil is the industry leader in Brazil and is an important player in the revitalizing of the offshore and marine industry in Brazil.

The total cash consideration was US$14 million. This was arrived at on a wilting-buyer and willing-seller basis, taking into account the net assets of the company and existing contracts. The sale by PEM Seta[ was due to its restructuring programme for its group of companies.

Another major shipyard group, SembCorp Marine Ltd (SCM), has been granted approval to acquire a 30% equity stake in the registered capital of COSCO Shipyard Group Co. Ltd (CSG). The regulatory authority of the People's Republic of China, recently issued the business license to CSG for the Sino-foreign joint venture. CSG is a leading ship repair and conversion group in China. It owns five major shipyards in Dalian, Nantong, Shanghai, Zhoushan and Guangzhou.

SCM's investment is in line with its strategy to establish a China Hub to grow its ship repair and marine business in China. SCM's total investment value in CSG is worth S$70 million, based on the revalued net asset value of CSG and the share transfer of SCM's 20% equity stake in COSCO Dalian Shipyard to the enlarged CSG.

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MAN B&W Diesel Receives ITP Participation Award

MAN B&W Diesel (Singapore) Pte Ltd (MAN B&W) was presented the Singapore Polytechnic's (SP) Industrial Training Programme (ITP) Participation Award for supporting the ITP for the past 15 years. MAN B&W was one of 73 industry partners who received the award from the Guest-of-Honor, Dr Amy Khor, Mayor of South West District at the award presentation ceremony held on 25 November 2004.

Receiving the Award was MAN B&W's Managing Director, Mr Felix Leggewie, who remarked, "Every year we are taking SP apprentices into our works, thus enabling them to obtain technical hands-on experience and soft skills in working together with our fitters. In return many of them apply later for a job and our experience with SP graduates is excellent. Even better, in case we have a vacancy we can tap their alumni network and we can be sure that they will propose first-class candidates only. This helps us to shorten the search period for suitable candidates and to fill gaps in our ranks with highly qualified and performing people who fit to each other. In this respect the ITP cooperation is for both sides a perfect symbiosis." Mr Leggewie expressed his company's satisfaction on the mutual benefits derived by MAN B&W and SP from the long term cooperation on the ITP.

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ASMI Presents Marine Industry to Career Guidance Teachers

In a major publicity and outreach effort, ASMI promoted the Singapore marine industry to some 260 school career guidance coordinators (CGC). ASMI accepted the invitation by the Psychological and Guidance Services (PGS) branch of the Ministry of Education (MOE) to speak to the CGC, who were either department heads or teachers in charge of pastoral care, pupils' welfare development or career guidance in secondary schools and junior colleges.

ASMI's Executive Director, Ms Winnie Low, delivered the presentations at the MOE's Education and Career Guidance (ECG) seminars held on 17 and 18 February 2005 at the Teachers' Network Auditorium. Ms Low introduced the different sectors in the marine industry, its global leadership position, strengths and capabilities to the CGC. They were shown pictures of the various types of projects handled by the industry.

Teachers have been identified as a target group in the Association's Image Enhancement Campaign to heighten awareness of the marine industry among the student population and to attract more promising young talents to join the industry. They are an important group of influencers who guide students in their career options. ASMI took the opportunity to highlight the vibrant industry outlook, and excellent career opportunities to the teachers.

The feedback from the teachers on the presentations was generally positive. They were impressed by the capabilities and growth prospects of the various sectors in the industry. They felt that the briefings have given them new and invaluable insights into the marine industry, and the challenging and dynamic careers it offers.

Apart from ASMI, other industry representatives invited to speak at the ECG seminars were from the Maritime and Port Authority (MPA), Singapore General Hospital and SingHealth. They shared the prospects of a career in the maritime, nursing and allied health professional industries. The ECG seminars, organised by PGS annually, assist CGC in designing and implementing effective ECG programmes to guide students through sound education and career paths.

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Marine Learning Carnival 2005

ASMI together with the Marine Group Local Industry Upgrading Programme (LIUP) and Ngee Ann Polytechnic, is organising a Marine Learning Carnival (MLC) 2005 for Secondary schools on 26 May 2005. The objectives of the Carnival are to raise awareness of the Singapore marine industry among Secondary schools students, and to stimulate interest in the marine industry among potential future entrants of the industry. The one-day event will be held at the Convention Centre of Ngee Ann Polytechnic.

The MLC incorporates an exhibition on the marine industry and two Inter-school competitions - The Amphibian Challenge and Marine Quiz. The Amphibian Challenge is a model boat design-and-build competition where teams create and construct an amphibious vessel capable of travelling on land and in water, with the materials provided by the Organisers. Teams will bring their model boats to compete in a race for the 'Fastest' and 'Most Innovative' Amphibious Vessel awards on the competition day.

The Marine Quiz will see students competing in three knock-out rounds on the event day. The quiz in MCQ format will focus on the marine industry and ships in general. Participating teams and their schools will stand to win attractive prizes in the two competitions.

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ASMI Hosts Dialogue Session with Dr Balaji Sadasivan

ASMI hosted a dialogue for ASMI members with Dr Balaji Sadasivan, Senior Minister of State for Health and Information, Communications and the Arts. Some 35 ASMI members participated in the lively dialogue session held on 21 February at the premises of Keppel FELS (KFELS). The ASMI group was led by its President, Mr Heng Chiang Gnee.

Dr BaLaji also toured two shipyards, KFELS and Keppel Shipyard (KS) for an overview of the strengths and capabilities of the local marine and offshore industry. Mr Michael Chia, Vice-President of ASMI and Executive Director of KFELS, briefed Dr Balaji on the rig building and repair operations in his yard. At KS, he was briefed by Mr Daniel Chang, Senior General Manager (Operations), on ship repairs and FPSO conversions.

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Marine Place and Train Recruitment Fair

The industry embarked on a second run of the Marine Re-Skilling for Employment (MariNE) Programme on 12 January to attract more locals to join the marine industry. Launched on 28 May 2004, this Place and Train (PnT) programme for marine industry was held at the People's Hall in Jurong East. As with the first run, this fair was jointly organised by ASMI, the Workforce Development Agency (WDA) and the South West Community Development Council.

The aim of the MariNE programme is to select job seekers and retrain them as tradesmen for the marine industry. The fair comprised presentations on the marine industry, PnT programme, an exhibition by recruiting companies and on-the-spot interviews. A total of 131 job seekers turned up for the one-day fair and 117 of them applied for job placements with the industry.

The job seekers were screened on-the-spot by a team of human resource and training personnel from seven recruiting companies. Candidates were interviewed and assessed on their interest and sincerity in seeking a tradesman position with the shipyards as well as their job aspirations and expectations. 17 applicants subsequently accepted the PnT offers made by the various shipyards and commenced their 8-week training on 21 February 2005. The practical training will equip them with basic skills in one of three core specialisations - electrical technology, marine mechanics or pipe fitting.

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