MAERSK Line CEO Eivind Kolding spoke of the tough times that new graduates face when entering the job market, citing excessive overcapacity as one of the main factors behind the container losses in recent years.
"This has been one of the most turbulent years in the history of liner shipping, affected as it has been by both the global economic crisis and excessive overcapacity, bringing about financial losses for all carriers in the industry," he said.
Speaking to graduates at Rotterdam's Erasmus University, Mr Kolding told of the continued need for "highly competent new talent" in the liner sector, which he said would eventually emerge from the current crisis to maintain its role as the main facilitator of global trade and prosperity.
In congratulating graduates of the Maritime Economics and Logistics (MEL) course, Mr Kolding said MEL graduates would be welcomed into what he was confident would be a stronger market sector, emerging from the current crisis to maintain its role as the main facilitator of global trade and prosperity.
Among the students graduating was this year's winner of the 'Maersk Best Thesis Award," presented by Mr Kolding to Baris Demirel of Turkey for his thesis entitled "Private Container Terminal Efficiency in Turkey".
In addition the Prize for Student Excellence was awarded to Daria Vereana Katrin Buchi of Switzerland.
Sponsored by NOL and APL since its inauguration in 2001 the Student Excellence Prize is won by the graduate receiving the highest course marks. NOL Benelux managing director Peter Jongpier presented it.
Source : HKSG, 20.11.09
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