SteelGuru, 16 Dec 2008
Straits Times reported that 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.
Mr Teo Siong Seng president of Singapore Shipping Association said that "After years of concerted efforts to attract talent into our maritime industry, it would be a pity for us to lose them now through retrenchment."
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