Officer retention reaches 94.6% as the cadet programme places its first twelve deck and engine trainees.
Our directly employed seafarer pool has passed 250 officers and ratings across China, the Philippines, Indonesia and Myanmar, with officer retention — the proportion returning to the fleet after leave — reaching 94.6%.
The cadet programme placed its first twelve deck and engine trainees this quarter, each assigned to a vessel with a nominated training officer and a structured onboard record book reviewed ashore at the end of every contract.
We continue to employ seafarers directly rather than through manning agents. Wages have been paid on schedule for 36 consecutive months, and allotment arrangements to family accounts are administered from Singapore.