Connect with us

Economy

Shipyards: “98% of the workers in the best welding company in the Netherlands are Portuguese” – Industry

Published

on

Shipyards: "98% of the workers in the best welding company in the Netherlands are Portuguese" - Industry

“What saddens me is that in the best welding company in the Netherlands, 98% of its workers are Portuguese. And we are discussing that we have a shortage of skilled labor, ”said Jorge Martins, founder of Neptune Devotion. with naval shipyards in Aveiro.

Jorge Martins, who stepped down as CEO of multinational consulting and technology company Capgemini Portugal almost four years ago to devote himself to customizing pleasure or sports boats up to 55 feet in length, spoke in a debate about the present and future of the national economy. naval industry, as part of Porto Maritime Week, an initiative promoted by Transportes & Negócios and continuing until tomorrow in the city of Invicta.

With the Portuguese shipbuilding industry recording a 26% increase in turnover in 2020 over the previous year, to around € 250 million, the sector is facing some pressing challenges such as “a shortage of skilled labor, an aging workforce and manufacturing infrastructure. , outdated regulations and the impact of environmental concerns, competition from countries with low production costs and unfair international competition rules, ”said Transportes & Negócios.

“The major challenges for us are the shortage of skilled labor, some of the contextual costs we continue to experience, and the rising cost of raw materials, mainly due to the disruptions that occur in the shipping sector,” Francisco said. Barbosa, CEO of Navaltagus, the shipyards of the ETE group, to which Navalrocha also belongs.

“We are looking for new market niches to reorient ourselves and grow, but we know the competition is fierce, especially in shipbuilding, with competition from Turkish shipyards, which have a much cheaper skilled workforce,” said the same manager. …

See also  United Airlines' Fascinating Florida Enlargement

Luis Braga, commercial director of Lisnave, also noted that the main difficulties facing the Portuguese company are related to the lack of qualified labor and competition from shipyards that can offer lower prices.

“Lisnav is losing the most repairs in Turkey. But there is another type of competition that is not talked about so much. Nowadays Lisnav may be the one to train the more skilled workforce in the country and then the people who are certified. emigrate to places where they are better paid, namely the Netherlands. We try to keep more qualified people in the field of training and hiring, preferably the Portuguese, but the truth is that for the 20 people that have formed, we managed to keep only one, ”he complained.

“Most clients choose only the cheapest solution, so they choose shipyards in the Middle East, for example, in Turkey,” he concluded.

“We have the same problem as Lisnave in terms of training technical personnel,” said Vitor Figueiredo, administrator of West Sea, the company that embodies the Martifer naval industry.

“But it’s not just a matter of remuneration — there are other factors, such as career advancement,” Figueiredo said.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Economy

Bitcoin Down 87% On Binance US Platform – Executive Digest

Published

on

Bitcoin Down 87% On Binance US Platform - Executive Digest

An algorithm flaw on the Binance platform caused users in the US to see a false 87% drop in Bitcoin this Thursday morning to $ 8,200.

The transaction volume for that minute was 592.8 bitcoins, which is only $ 40 million at current price.

The Exchange immediately fixed the bug.

“One of our institutional partners explained to us that there is a bug in the algorithm. We are investigating what happened. The situation has been resolved, “says an email sent by Binance USA.

This is not the first time a crypto-asset platform has encountered this kind of error.

Earlier this month, DeFi’s platform, Synthetify, was forced to shut down for a while shortly after its debut due to a “bug” in the Pyth Network, a pricing channel maintained by some of the world’s most famous trading companies.

Pyth already made the same mistake in September, showing a 90% drop in bitcoin share.

Also a month ago, decentralized financial platform DeversiFi saw $ 24 million “slipped out of his hands” after that amount was paid in the form of a $ 100,000 transaction fee in Ethereum.

Later, the exchange managed to recover 7,626 Ethereum units using a miner.

See also  Amazon was selling overpriced goods during the pandemic, according to consumer surveillance
Continue Reading

Economy

Powell’s scandalous operation prompts Fed to ban high-level officials from buying and selling shares – markets

Published

on

Powell's scandalous operation prompts Fed to ban high-level officials from buying and selling shares - markets

“A robbed house, locks on the door.” THE The US Federal Reserve System (FRS) has decided to tighten rules for trading in capital markets by senior officials after it became known that the president of the institution, Jerome Powell reportedly sold the $ 5 million shares he held on a personal level last October, ahead of a Wall Street sell-off.

The new rules, announced this Thursday, will ban the purchase of certain securities, restrict active trading and require more frequent reporting and public disclosures, the Fed said.senior officials can only purchase diversified investment vehicles such as mutual funds, barring them from investing in stocks, individual and agency bonds, or derivatives.

“These tough new rules raise the bar to convince the public that our employees are focused only on the public mission of the Federal Reserve,” Jerome Powell said in a statement on the agency’s website.

Starting in the next few months, the Fed’s top management will have to give advance notice 45 days to buy and sell bonds, obtain prior approval and hold the investment for at least one year. In addition, movement during periods of heightened stress in the financial market is not permitted.

Jerome Powell reportedly sold between $ 1 million and $ 5 million in Vanguard Total Stock Market Index Fund on October 1, 2020. pandemic. In addition to this deal, there were other sales with no specific deadlines.

The Wall Street Journal reported that a Fed source indicated that the financial transaction was compliant with central bank regulations and was approved by the Office of Public Ethics.

See also  HEN stops supplying 3,900 consumers

Continue Reading

Economy

Diploma for limiting the fuel surcharge valid tomorrow

Published

on

Diploma for limiting the fuel surcharge valid tomorrow

NO documentstay decisive “The ability to set maximum marketing margins for simple fuels”, an initiative of the government, currently adopted by the Assembly of the Republic.

Thus, the diploma states: “regardless of the declaration of the energy crisis provided for in the previous numbers, for reasons of public interest and to ensure the normal functioning of the market and consumer protection, a margin may be established, in exceptional cases, in any commercial components that make up the retail the price of regular fuel or bottled LPG ”.

According to the law, which amends several decrees establishing general principles regarding the organization and operation of the National Petroleum System, the “maximum margin” can be “determined for any activity in the value chain of ordinary fuel or bottled LPG. set by the order of the members of the government responsible for the economy and energy, at the suggestion of the energy services regulator and after consultation with the anti-monopoly body. “

The diploma also specifies that “the maximum fields indicated in the previous numbers should be limited in time.”

In July, the government approved in the Council of Ministers (CM) a proposed law that would limit fuel sales margins by decree if it deems it too high “without justification,” according to the Minister of the Environment.

At a press conference, João Pedro Matos Fernández said that this diploma, which also applies to gas cylinders, will later be sent to the Assembly of the Republic, stressing that this measure will be “limited in time.”

The purpose of the law is to “give the government a tool to allow, when it is proven that the margin on the sale of fuel and gas cylinders is unusually high and unreasonable, this right, by decree, to limit the same margin,” the government official said. …

See also  Portuguese Digital Physiotherapy Startup Receives $ 85 Million Investment

“After approval [a proposta de lei]and the government, always listening to ERSE [Entidade Reguladora dos Serviços Energéticos] and the Competition Authority, by its decree, always for a limited period of time, which, I believe, is a month, two months, administratively sets the maximum margin for the sale of fuel, ”said João Matos Fernández.

The government official recalled that this markup “is also the sum of the markups associated with transportation, storage, wholesale and retail,” and these reference values ​​”continue to be calculated by ENSE on a daily basis.”

“As soon as this bill is approved, we will have this tool at our disposal,” he said, assuring that today “the state has no opportunity” to interfere in limiting prices for fuel and gas cylinders.

The initiative has been criticized by industry associations, which accuse the government of wanting to deflect attention from the weight of taxes on fuel prices.

Read also: Fuel and energy. Concerned parties are asking the government to take additional action.

Always be the first to know.
Consumers’ Choice of the Internet Press for the fifth consecutive year.
Download our free app.


Google Play Download

Continue Reading

Trending