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Oil & Gas   Maritime   Built Environment   Mining   faststream.com
Fast facts




  130                                             14
                            Regional Hubs in
                            UK, Houston,
                              Florida,
     Employees              Singapore &            Years in
                                Perth              Business


   Over 1500                 More than            Access to
  Professional Placements
   made in 54 Countries
                            170,000             600,000
   in the last 12 Months
                            Unique Candidates      visitors via
                                Registered      Faststream.com


                                                          faststream.com
Our specialist sectors



                Faststream Recruitment Group




Oil & Gas   Maritime     Built Environment   Mining   Executive Search




                                                          faststream.com
Our services



   Permanent       Contract      Executive
   Recruitment    Recruitment      Search




  Recruitment    International     Crew
     Process         Payroll     Management
   Outsourcing      Services



                                       faststream.com
t Busi n
Our track record                                                               ea




                                                                        Re p



                                                                                           ess
                                                                           78.8%




                                                                        • Re




                                                                                           s•
                                                                           pe




                                                                                         es
                                                                                at Busi n




     CV’s Sent to           Interviews to                Offers to   Candidates leaving
Interviews Requested         Placements                Acceptances     during rebate

 3.03 : 1                 1.95 : 1                 1.12 : 1          1 in 263


 Significantly below industry average staff turnover




                                                                           faststream.com
We add value



                                                                   Carnival faces                                                             Kühne launches                                                              Norway stoppage
                                                                   fresh lawsuits                                                             fresh plea for a                                                            is worrying for UK’s
                                                                   in the US                                                                  German merger                                                               energy security
                                                                   → Page 4                                                                   → Page 6                                                                    → Page 7


                                                                                                                                                                          BUNKER PRICES: ROTTERDAM AND SINGAPORE 380 CST

                                                                                                                                                                            800
                                                                                                                                                                                                                                                                                                                                                                                                                            line
                                                                                                                                                                             750                                                                                                                                                                                       Maritime recruitment news from the Faststream Recruitment Group
                                                                                                                                                                            700

                                                                                                                                                                            650

                                                                                                                                                                            600

                                                                                                                                                                            550
                                                                                                                                                                                                                              Rotterdam     Singapore

                           lloydslist.com | No. 60,717 | Friday July 13th, 2012                                                                                             500
                                                                                                                                                                                   06/01/2012                                                11/07/12
                           Leading maritime commerce since 1734                                                                                                                                                                        Source: Cockett




                        Downturn fails to stem rise                                                                                                                                                                 NEWS HIGHLIGHTS


                                                                                                                                                                                                                                                                                                                                              NEWS FROM
                        in average shipping salaries                                                                                                                                                                                                                                                                                          THE DESKS
                                                                                                                                                                                                                                                                                                                                              Market updates from
                                                                                                                                                                                                                                                                                                                                              our global consultants
                        But pay for many                           AVERAGE SALARY AND BONUS BY JOB TITLE                                                                 In general, Middle East positions
                                                                                                                                                                                                                    Pilot inquiry seeks submissions
                                                                                                                                                                      pay the worst within each job
                        seafarers and shore                                                                                                          20%



                                                                                                                                                                                                                                                                                                                                              NAVAL
                                                                       Chartering                                                                                     category. However, salaries for ex-pats       The UK Transport Select Committee
                        staff has been cut                               Director                                                                        $227,140
                                                                                                                                                                      are often tax free and housing costs          has called on the shipping industry
                                                                                                                                                                                                                    to submit written evidence on


                                                                                                                                                                                                                                                                                                                                              ARCHITECTS
                                                                   Fleet/Technical                                      $123,518 16%                                  are provided by the employer. Local
                                                                          Manager
                        DAVID OSLER                                                                                                                                   employees will not as a rule enjoy            issues affecting marine pilotage....2


                                                                                                                                                                                                                                                                      Global Oil & Gas Jobs
                                                                       Chartering                                   $110,510    18%                                   such terms and conditions.
                                                                        Manager                                                                                                                                     Geden delays Universal move

                                                                                                                                                                                                                                                                                                                                              ON THE PROWL
                        AVERAGE shipping salaries continue                                                                                                               While benefit packages offered by
                                                                          Marine                                               7%                                                                                   Genel Denizcilikis planning to take
                        to rise despite the current downturn           Consultant                             $100,743                                                ship management companies have
                                                                                                                                                                                                                    it easy for a few months and will
                        in most sectors of the industry,                                                                                                              caught up with those on offer from
                                                                        Charterer                             $100,493       13%                                                                                    wait at least until autumn before
                        according to a survey compiled by                                                                                                             shipowners, shipowners still have the
                        Southampton-based recruitment              Superintendent                                                                                     edge in terms of perks such as paid
                                                                                                                                                                                                                    making a second attempt to spin off
                                                                                                                                                                                                                    10 tankers into a new company,                                                                                            The latest on Naval
                                                                                                                                                                                                                                                                                                                                              Architect recruitment
                                                                                                             $96,456        12%

                                                                                                                                                                                                                                                                      UK OFFICE                            SINGAPORE OFFICE
                        agency Faststream.                             (Technical)                                                                                    lunch, gym membership and optional
                                                                                                                                                                                                                    after being forced to drop plans for
                            Nevertheless, substantial numbers             Marine                                                                                      holiday credits.



 Mining Salary Review
                                                                         Surveyor
                                                                                                            $89,705      7%                                                                                         the flotation of Universal Maritime
                        of seafarers and some shore staff have                                                                                                           Average salaries for master
                                                                                                                                                                                                                    in Oslo earlier this month, its chief
                                                                                                                                                                                                                                                                      Project Services Manager, Subsea     Assistant Operations Manager       STANDOUT
                        seen substantial reductions in pay         Superintendent                                      10%                                            mariners tend to be highest for those
                                                                         (Marine)
                                                                                                           $88,663
                                                                                                                                                                                                                    executive has confirmed. .............3
                        over the last 12 months.                                                                                                                      working on passenger vessels, and are
                                                                            Ship
                                                                                                                                                                                                                    HHLA fears European price war
                                                                                                                                                                                                                                                                      London                               Malaysia
                            The mixed picture emerges from a                                                                                                          typically at around $153,000. Next in

                                                                                                                                                                                                                                                                                                                                              RECRUITMENT
                                                                                                          $82,074      11%
                                                                         Operator
                        survey based on responses from                                                                                                                the league table are masters on               German port operator HHLA fears
                                                                       Shipbroker
                        4,000 shipping employees working              (Chartering)
                                                                                                          $81,666     26%                                             offshore vessels ($128,247), followed         a price war among northern

 January 2012                                                                                                                                                                                                                                                         £70K - REF. OG2128544                MYR300K - REF. OG0628899
                                                                                                                                                                                                                                                                                                                                              TRENDS
                                                                                                                                                  Average salary
                        in all main shipping centres, as well      Fleet Personnel
                                                                                                                                                                      by those serving on tankers ($115,613)        European terminal operators,
                                                                                                $59,321     8%
                        as at sea.                                        Manager                                                                 Average bonus       and dry ships ($110,981).                     despite prices already being under
                            In general, seniority was found to                                                                                                           But the good news is that over a 20-       immense pressure.......................5
                                                                                                                                                                                                                                                                      General Manager - Aberdeen           Lead System Engineer - Singapore
                                                                                                                               Source: Faststream Recruitment Group
                        be a crucial variant, with those in the                                                                                                       year working career at sea, an officer
                        higher positions more likely to have                                                                                                          can expect to see his or her salary           Asian oil refineries expand

                                                                                                                                                                                                                                                                                                                                              CHIEF ENGINEER
                        enjoyed an inflation-plus settlement.      operator has become increasingly              explain engineering issues to a non-                 double in real terms.                         Asian refineries are driving capacity
                            The main conclusion is that 56% of     highly regarded,” the report notes.           technical audience.                                     Faststream chief executive Mark            growth in the refinery industry as
                                                                                                                                                                                                                    facilities expand in India, China
                                                                                                                                                                                                                                                                      £65K - REF. OG1428974                SG$80K - REF. SH6628729a
                                                                                                                                                                                                                                                                                                                                              SALARY SURVEY
                        shore staff and 50% of seafarer               “Good ship operators can make the             In geographical terms, the highest                Charman said: “Even though the
                        respondents reported a salary gain of      difference between commercial                 paid positions are in the US, where the              shipping industry is being buffeted by        and Pakistan, the International
                        5% or more during the last year.
                            However, set against this, 10% of
                                                                   success and failure and are in demand
                                                                   not only within shipping companies,
                                                                                                                 pool of candidates for jobs such as
                                                                                                                 superintendent are limited and tough
                                                                                                                                                                      poor vessel earnings, rising costs and
                                                                                                                                                                      ever more stringent regulations,
                                                                                                                                                                                                                    Energy Agency said on Thursday...8
                                                                                                                                                                                                                    Longhaul tanker boost
                                                                                                                                                                                                                                                                      Project Director - Tyne & Wear       Project Manager - Singapore
                        shore-based professionals and 30% of       but also commodity houses and                 visa requirements make it harder to                  salaries continue to rise.
                                                                                                                                                                                                                    Venezuelan oil is not only boosting
                                                                                                                                                                                                                                                                      £75-95K - REF. OG2728796             SG$140K - REF. SH8028608
                                                                                                                                                                                                                                                                                                                                              NEWS FROM
                        seafarers said that their salaries had     banks.”                                       bring in overseas talent. Asia-based                    “The sector suffers from a skill
                                                                                                                                                                                                                    tanker employment on the much-
                        actually been cut in this period.             Consultants can also earn well if          ship operators and shipbrokers are                   shortage and the pool of highly
                                                                                                                                                                                                                    talked-about very large crude
                        Salaries were static for 17% of shore      they are equally comfortable in a             20% better paid than their European                  qualified people continues to shrink.
                                                                                                                                                                                                                                                                      Snr Drilling Engineer - Aberdeen     Engineering Manager - Malaysia
                                                                                                                                                                                                                                                                                                                                              FASTSTREAM
                                                                                                                                                                                                                    carrier route to China but also into
                        staff and 12% of seafarers.                boiler suit and a business suit and can       counterparts.                                        This is both the legacy of a lack of
                                                                                                                                                                                                                    India. .......................................9
                            In terms of average salaries ashore,                                                                                                      training in the 1980s during the
                        chartering directors are at the top of
                        the tree, averaging an annual basic of
                                                                                                                                                                      previous downturn and the often
                                                                                                                                                                      perceived low status of jobs in the
                                                                                                                                                                                                                    Tough times ahead for owners
                                                                                                                                                                                                                    The containership orderbook stood                 £80-110K - REF. OG2628871            MYR500K - REF. OG1328972
                        $227,140 and a bonus of 20%.                                                                                                                  shipping industry.”                           at 3.8m teu in the first week of July,

                                                                                                                                                                                                                                                                      Electrical Design Engineer           Superintendent, Diesel Engines
                            That is some way ahead of the                                                                                                                A spokesman for Nautilus                   including the latest order from
                        second-ranking job title, with
                                                                                                                 “Even though the shipping                            International said that the Anglo-            Evergreen for 10 13,800 teu ships
                                                                                                                 industry is being buffeted by
                        fleet/technical managers pulling
                        down $123,518 and a bonus of 16%.                                                        poor vessel earnings, rising
                                                                                                                                                                      Dutch officers’ union had found the
                                                                                                                                                                      findings interesting, and added that
                                                                                                                                                                                                                    that now appears to have been
                                                                                                                                                                                                                    sealed, Lloyd’s List Intelligence                 London                               Singapore
                            Faststream highlights the                                                            costs and ever more stringent                        officers in skill shortage areas have         data reveals. ........................Back
                        closeness in remuneration between
                        ship operators, on $82,074, and                                                          regulations, salaries continue
                                                                                                                                                                      often been able to command double-
                                                                                                                                                                      digit pay hikes.
                                                                                                                                                                                                                                                                      £40-55K - REF. OG1728959             SG$150K - REF. SH8028066
                        shipbrokers, on $81,666.                                                                 to rise.The sector suffers                              However, the tendency towards                                                    28
                            “While gauging the average
                        shipbroker’s salary is of course very
                                                                                                                 from a skill shortage and the
                                                                                                                 pool of highly qualified
                                                                                                                                                                      pay cuts did not appear to be as
                                                                                                                                                                      pronounced among unionised                                                                      Snr Instrument Engineer              Commercial Manager,
                        difficult, as it takes in such a wide
                        range of earnings and markets, the                                                       people continues to shrink”
                                                                                                                                                                      officers covered by collective
                                                                                                                                                                      bargaining agreements, he said. n                                                               Aberdeen                             New Building - Singapore
                        fact is that the role of the ship                                                           Mark Charman, Faststream chief executive                           www.lloydslist.com/manning        9 770144 820659
                                                                                                                                                                                                                                                                      £56/hr - REF. OG1528780              SG$145K - REF. SH2228970
                           lloydslist.com                                                                                                                                                       bringing you maritime news as it happens



                           Pollution at Sea: Law                                                                            The book focuses on a number of the vital


                           and Liability
                                                                                                                            developments in the law of pollution
                                                                                                                            at sea, including; compensation,                                                                  NEW                                     UK Office: +44 (0)23 8020 8770
                                                                                                                            insurance, contract and tort.                                                                     BOOK
                           Edited by Prof Baris Soyer and Prof Andrew Tettenborn
                                                                                                                            The book also offers critical analysis on
                                                                                                                                                                                                                                                                      oilandgas-uk@faststream.com
                                                                                                                            emerging public law concepts, such as
                                                                                                                            the legal position of seafarers from the
                                                                                                                            perspective of criminal law in cases of                                                       Publishing June 2012
                                                                                                                                                                                                                                                                      Singapore Office: (+65) 653 27 201                     @faststreamoil
                                                                                                                            pollution and the impact of port state
                                                                                                                            control as a pollution control mechanism.
                                                                                                                                                                                                                             Price: £270 / €338 / $486
                                                                                                                                                                                                                             ISBN: 9781842145418
                                                                                                                                                                                                                                                                      oilandgas-sg@faststream.com                        www.faststream.com
                                                                                                                            For more information and to buy visit www.informaprofessional.com




    Employment Reviews • Sector Advertising • Salary Surveys • Industry News



                                                                                                                                                                                                                                                                                                                                                                         faststream.com
Client examples




                  faststream.com
Find us




Faststream Americas             Faststream Americas                               Faststream EMEA                              Faststream Asia-Pacific               Faststream Australasia
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Tel: +(1) 713 396 7288          Tel: +(1) 954 467 9611                            Tel: +44 (0) 23 8033 4444                    Tel: +(65) 653 27 201                 Tel: +(61) 8 9429 8821
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Faststream Facts

  • 1. Oil & Gas Maritime Built Environment Mining faststream.com
  • 2. Fast facts 130 14 Regional Hubs in UK, Houston, Florida, Employees Singapore & Years in Perth Business Over 1500 More than Access to Professional Placements made in 54 Countries 170,000 600,000 in the last 12 Months Unique Candidates visitors via Registered Faststream.com faststream.com
  • 3. Our specialist sectors Faststream Recruitment Group Oil & Gas Maritime Built Environment Mining Executive Search faststream.com
  • 4. Our services Permanent Contract Executive Recruitment Recruitment Search Recruitment International Crew Process Payroll Management Outsourcing Services faststream.com
  • 5. t Busi n Our track record ea Re p ess 78.8% • Re s• pe es at Busi n CV’s Sent to Interviews to Offers to Candidates leaving Interviews Requested Placements Acceptances during rebate 3.03 : 1 1.95 : 1 1.12 : 1 1 in 263 Significantly below industry average staff turnover faststream.com
  • 6. We add value Carnival faces Kühne launches Norway stoppage fresh lawsuits fresh plea for a is worrying for UK’s in the US German merger energy security → Page 4 → Page 6 → Page 7 BUNKER PRICES: ROTTERDAM AND SINGAPORE 380 CST 800 line 750 Maritime recruitment news from the Faststream Recruitment Group 700 650 600 550 Rotterdam Singapore lloydslist.com | No. 60,717 | Friday July 13th, 2012 500 06/01/2012 11/07/12 Leading maritime commerce since 1734 Source: Cockett Downturn fails to stem rise NEWS HIGHLIGHTS NEWS FROM in average shipping salaries THE DESKS Market updates from our global consultants But pay for many AVERAGE SALARY AND BONUS BY JOB TITLE In general, Middle East positions Pilot inquiry seeks submissions pay the worst within each job seafarers and shore 20% NAVAL Chartering category. However, salaries for ex-pats The UK Transport Select Committee staff has been cut Director $227,140 are often tax free and housing costs has called on the shipping industry to submit written evidence on ARCHITECTS Fleet/Technical $123,518 16% are provided by the employer. Local Manager DAVID OSLER employees will not as a rule enjoy issues affecting marine pilotage....2 Global Oil & Gas Jobs Chartering $110,510 18% such terms and conditions. Manager Geden delays Universal move ON THE PROWL AVERAGE shipping salaries continue While benefit packages offered by Marine 7% Genel Denizcilikis planning to take to rise despite the current downturn Consultant $100,743 ship management companies have it easy for a few months and will in most sectors of the industry, caught up with those on offer from Charterer $100,493 13% wait at least until autumn before according to a survey compiled by shipowners, shipowners still have the Southampton-based recruitment Superintendent edge in terms of perks such as paid making a second attempt to spin off 10 tankers into a new company, The latest on Naval Architect recruitment $96,456 12% UK OFFICE SINGAPORE OFFICE agency Faststream. (Technical) lunch, gym membership and optional after being forced to drop plans for Nevertheless, substantial numbers Marine holiday credits. Mining Salary Review Surveyor $89,705 7% the flotation of Universal Maritime of seafarers and some shore staff have Average salaries for master in Oslo earlier this month, its chief Project Services Manager, Subsea Assistant Operations Manager STANDOUT seen substantial reductions in pay Superintendent 10% mariners tend to be highest for those (Marine) $88,663 executive has confirmed. .............3 over the last 12 months. working on passenger vessels, and are Ship HHLA fears European price war London Malaysia The mixed picture emerges from a typically at around $153,000. Next in RECRUITMENT $82,074 11% Operator survey based on responses from the league table are masters on German port operator HHLA fears Shipbroker 4,000 shipping employees working (Chartering) $81,666 26% offshore vessels ($128,247), followed a price war among northern January 2012 £70K - REF. OG2128544 MYR300K - REF. OG0628899 TRENDS Average salary in all main shipping centres, as well Fleet Personnel by those serving on tankers ($115,613) European terminal operators, $59,321 8% as at sea. Manager Average bonus and dry ships ($110,981). despite prices already being under In general, seniority was found to But the good news is that over a 20- immense pressure.......................5 General Manager - Aberdeen Lead System Engineer - Singapore Source: Faststream Recruitment Group be a crucial variant, with those in the year working career at sea, an officer higher positions more likely to have can expect to see his or her salary Asian oil refineries expand CHIEF ENGINEER enjoyed an inflation-plus settlement. operator has become increasingly explain engineering issues to a non- double in real terms. Asian refineries are driving capacity The main conclusion is that 56% of highly regarded,” the report notes. technical audience. Faststream chief executive Mark growth in the refinery industry as facilities expand in India, China £65K - REF. OG1428974 SG$80K - REF. SH6628729a SALARY SURVEY shore staff and 50% of seafarer “Good ship operators can make the In geographical terms, the highest Charman said: “Even though the respondents reported a salary gain of difference between commercial paid positions are in the US, where the shipping industry is being buffeted by and Pakistan, the International 5% or more during the last year. However, set against this, 10% of success and failure and are in demand not only within shipping companies, pool of candidates for jobs such as superintendent are limited and tough poor vessel earnings, rising costs and ever more stringent regulations, Energy Agency said on Thursday...8 Longhaul tanker boost Project Director - Tyne & Wear Project Manager - Singapore shore-based professionals and 30% of but also commodity houses and visa requirements make it harder to salaries continue to rise. Venezuelan oil is not only boosting £75-95K - REF. OG2728796 SG$140K - REF. SH8028608 NEWS FROM seafarers said that their salaries had banks.” bring in overseas talent. Asia-based “The sector suffers from a skill tanker employment on the much- actually been cut in this period. Consultants can also earn well if ship operators and shipbrokers are shortage and the pool of highly talked-about very large crude Salaries were static for 17% of shore they are equally comfortable in a 20% better paid than their European qualified people continues to shrink. Snr Drilling Engineer - Aberdeen Engineering Manager - Malaysia FASTSTREAM carrier route to China but also into staff and 12% of seafarers. boiler suit and a business suit and can counterparts. This is both the legacy of a lack of India. .......................................9 In terms of average salaries ashore, training in the 1980s during the chartering directors are at the top of the tree, averaging an annual basic of previous downturn and the often perceived low status of jobs in the Tough times ahead for owners The containership orderbook stood £80-110K - REF. OG2628871 MYR500K - REF. OG1328972 $227,140 and a bonus of 20%. shipping industry.” at 3.8m teu in the first week of July, Electrical Design Engineer Superintendent, Diesel Engines That is some way ahead of the A spokesman for Nautilus including the latest order from second-ranking job title, with “Even though the shipping International said that the Anglo- Evergreen for 10 13,800 teu ships industry is being buffeted by fleet/technical managers pulling down $123,518 and a bonus of 16%. poor vessel earnings, rising Dutch officers’ union had found the findings interesting, and added that that now appears to have been sealed, Lloyd’s List Intelligence London Singapore Faststream highlights the costs and ever more stringent officers in skill shortage areas have data reveals. ........................Back closeness in remuneration between ship operators, on $82,074, and regulations, salaries continue often been able to command double- digit pay hikes. £40-55K - REF. OG1728959 SG$150K - REF. SH8028066 shipbrokers, on $81,666. to rise.The sector suffers However, the tendency towards 28 “While gauging the average shipbroker’s salary is of course very from a skill shortage and the pool of highly qualified pay cuts did not appear to be as pronounced among unionised Snr Instrument Engineer Commercial Manager, difficult, as it takes in such a wide range of earnings and markets, the people continues to shrink” officers covered by collective bargaining agreements, he said. n Aberdeen New Building - Singapore fact is that the role of the ship Mark Charman, Faststream chief executive www.lloydslist.com/manning 9 770144 820659 £56/hr - REF. OG1528780 SG$145K - REF. SH2228970 lloydslist.com bringing you maritime news as it happens Pollution at Sea: Law The book focuses on a number of the vital and Liability developments in the law of pollution at sea, including; compensation, NEW UK Office: +44 (0)23 8020 8770 insurance, contract and tort. BOOK Edited by Prof Baris Soyer and Prof Andrew Tettenborn The book also offers critical analysis on oilandgas-uk@faststream.com emerging public law concepts, such as the legal position of seafarers from the perspective of criminal law in cases of Publishing June 2012 Singapore Office: (+65) 653 27 201 @faststreamoil pollution and the impact of port state control as a pollution control mechanism. Price: £270 / €338 / $486 ISBN: 9781842145418 oilandgas-sg@faststream.com www.faststream.com For more information and to buy visit www.informaprofessional.com Employment Reviews • Sector Advertising • Salary Surveys • Industry News faststream.com
  • 7. Client examples faststream.com
  • 8. Find us Faststream Americas Faststream Americas Faststream EMEA Faststream Asia-Pacific Faststream Australasia One Riverway 1500 Cordova Road Delicious Flickr The Quay Twitter Retweet 10 Hoe Chiang Road The Park Business Centre Suite 1710 Suite 210 30 Channel Way 08-01 Keppel Towers 45 Ventnor Avenue Houston Fort Lauderdale Ocean Village 089315 West Perth Texas 77056 Florida 33316 Southampton SO14 3TG Singapore 6005 USA USA Facebook MySpace UK StumbleUpon Digg Australia Tel: +(1) 713 396 7288 Tel: +(1) 954 467 9611 Tel: +44 (0) 23 8033 4444 Tel: +(65) 653 27 201 Tel: +(61) 8 9429 8821 Email: Info-us@faststream.com Email: Info-us@faststream.com Slash Dot Mixx Email: Info-uk@faststream.comFlickr Skype Technorati Delicious Email: Info-sg@faststream.com Twitter Retweet Email: info-au@faststream.com Join us faststream.com Reddit Delicious Flickr FriendFeed Twitter Facebook YouTube Retweet MySpace LinkedIn StumbleUpon Digg