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Young London Shipping Professionals Losing Confidence

first_imgzoom A new survey by The Shipping Professional Network in London (SPNL) has shown that young professionals are less confident about the markets in which they operate, with fewer of them expecting any major investments or significant developments over the next 12 months compared to the stats from the survey performed in 2013.The respondents working in the shipowning, shipbroking, ship management, chartering, advisory and associated industries in London recorded an overall confidence level of 6.2, out of a maximum possible score of 10, in the markets in which they operate. This compares with the rating of 6.4 recorded when the survey was run previously, in September 2013.On a scale of 1 to 10, respondents expressed an overall expectation of 5.8 when asked to gauge the likelihood of their business making a major investment or significant development over the next 12 months. This compares with the 6.4 recorded two years ago.”The level of confidence expressed by young shipping professionals working in the London market has declined over the past two years, since SPNL first canvassed their views. This is disappointing, although not surprising given the events of the past two years. But it is still a result which would please a lot of other industries,” Claudio Chistè, chairman of SPNL, said.Respondents were also asked for their opinion of likely rate movements in the tanker, dry bulk and container ship markets over the course of the next year. 35% overall thought that tanker rates were likely to increase, as against 50% in the 2013 survey. In the dry bulk sector, 35% of respondents overall expected rates to increase, down on the 45% recorded in 2013. 29% of respondents overall expected rates to rise during the next 12 months in the container ship market, compared to 31% in 2013.”Shipping faces serious challenges on a wide variety of fronts – from overcapacity, competitive pressure and environmental concerns, to political unrest and strict regulatory oversight. The industry has responded well, with its traditional blend of practicality and entrepreneurialism, and will doubtless continue to do so,” Chistè said.”There are reasons to be cheerful. The net sentiment gleaned from our survey in terms of the prospects for rate improvements over the next 12 months is positive in the three main tonnage categories. Over 45% of the young professionals who responded rated the prospect of their business making a major investment over the next 12 months at 7 out of 10, or higher. That is not an indicator of a moribund industry; rather it is a vote of confidence.”Respondents identified competitiveness, taxation and the ability to adapt to a fast-changing environment as the three leading challenges for London to remain a relevant global maritime centre, as they were in the 2013 survey.Some urged London to establish stronger partnerships with Asian maritime hubs such as Singapore and Hong Kong, and to use this as a springboard to the rest of Asia. At the same time, London was cautioned not to let its best, most experienced people migrate to Asian maritime centres, and to be aware of the effect on its competiveness of operating and employment costs.The survey, organised in conjunction with international accountant and shipping adviser Moore Stephens, also revealed a broad consensus that London’s status of a a relevant maritime global centre would be strengthened by the U.K.remaining part of the European Union.last_img read more

Solving Connected Conferencing Challenges

Even if the room is technically operational, you also have to consider the end user awareness of how to use the entire system. In addition to starting the soft-codec application, end users of these larger meeting rooms typically need to interact with a second platform, namely an audio DSP and control system. Without proper integration and automation, the end user is forced to jump between starting the video conference application and fiddling with the room’s lighting, sound, screens and other third-party devices. This scenario assumes a firm understanding of both systems on the part of the end user and puts the fate of the meeting at risk (ultimately increasing the likelihood of support calls to make up for the failings of the in-room technology, poor room design, and unrealistic end user expectations). On the integration side, one-to-one technologies like HDMI and USB have inherent length limitations that force internal AV/IT support and integrators to rely on unreliable (and expensive) USB extenders and HDMI matrix switchers when scaling these solutions. These piecemeal compromises ultimately lead to untimely hiccups and failures when end users try to engage with the technology. At QSC, we address these challenges with the Q-SYS Ecosystem. The software-based audio, video and control (AV&C) solution is built on standard IT architecture, offering much more functionality than traditional AV solutions, with much less hardware. By integrating AV&C into a single processor, offering native meeting room peripherals along with third-party device control, and leveraging the power of standard converged networks, Q-SYS offers simpler integration and automation opportunities for those larger meeting spaces. Don’t Get Ripped Off with Video Conferencing Pricing Chris Heinemann July 30, 2019 Financially, the cost of video conferencing isn’t just high, it’s unpredictable. It’s time for a different approach. See All in Video Collaboration & A/V » Consistent user-experience is a factor often overlooked when deploying soft-codec video conferencing solutions (like Zoom, Microsoft Teams, GoToMeeting, etc.) across an enterprise. While these solutions work well in small huddle rooms or at a user’s desk, they do not offer the same experience in medium- to large-size meeting rooms, training areas, or all-hands areas. To learn more about how Q-SYS streamlines the meeting room experience, check out the Q-SYS Web Conference Integration solution.Tags:News & ViewsQSCAV solutionsproductivitycontrolVideo Collaboration & A/VConferencingMeetingsVendor Perspective Articles You Might Like As you consider how best to deploy a soft-codec video conferencing solution, think about the enterprise as a whole, rather than each space individually. A consistent user-experience keeps meetings productive and the end user happy. Furthermore, Q-SYS can take advantage of available APIs from soft codecs like Zoom to allow native control of major application functions and integrate those controls with the AV system’s audio/video/environmental controls onto a single GUI. Your end users will experience greater confidence and ease as they launch and control all elements of their meeting from a touchscreen display that has been designed to emulate the functionality and aesthetic familiarity of their soft-codec application. QSC_SP_video_conferencing_774.jpg What’s Up in AV? 4 Trends to Watch Jimmy Vaughan August 02, 2019 A look at some of the problem-solving solutions I saw at the recent InfoComm 2019 event. So, how do you solve this?To ensure end user productivity, it’s important to seek out AV solutions that offer tighter (and simpler) integration with third-party soft-codec video applications. This can go beyond simply replicating the user experience in larger spaces. Look for solutions that avoid piecemeal connectivity compromises (avoid USB/HDMI for long transport) and instead aim for AV solutions that take full advantage of modern, IT standard networked technologies. Also consider how to unify and automate end user interactions with those secondary AV systems for larger rooms with the functionalities of the soft-codec application. Log in or register to post comments Meetings Made Easy: One Video Platform or More Beth Schultz September 09, 2019 Standardizing on a single platform or enabling platform-agnostic collaboration are two ways to go about reducing friction in the meeting room. Video Communication Must Improve, Even as It Hits Its Stride Michael Helmbrecht September 12, 2019 Video conferencing at work has boomed. Now we need to fully deliver on its promise. 3 Problems Still Facing Voice Services Alexey Aylarov September 04, 2019 Interconnectivity, teleconference audio quality, and robocalling issues are still impacting voice services. read more