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April 24, 2024 -Wednesday |
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4TH NATIONAL MARINE INDUSTRIES FORUM 2016 'SEEKING OPPORTUNITIES AMID CHALLENGES'
Tuesday 27/09/2016
Members of the media are invited to the 4th National Marine Industries Forum 2016 'Seeking Opportunities Amid Challenges'.
Details are as follows:
Day/Date : Wednesday 28 September 2016
Time : 11.00 am
Venue : RH Hotel, Sibu, Sarawak
Please click here for Program Page 1 & Page 2
You are cordially invited to send your reporter and photographer/cameraman to cover the event.
About 4th NMIF
This is the fourth edition of a forum which has emerged as one of the major events and highly anticipated forum in Malaysia’s maritime industry calendar. NMIF has grown from strength to strength from the inaugural forum held in 2010.
The theme 'Seeking Opportunities Amid Challenges' is an aptly chosen one given that the marine industry – not only in Malaysia but worldwide – is facing strong headwinds. Shipyards, shipowners and other maritime industry players are operating against the backdrop of sluggish global economic and trade growth, overcapacity in the shipping industry, low oil price and deep cutbacks in offshore exploration and production activities. The shipbuilding / ship repairing (SBSR) industry especially has come under severe pressure amid thin orderbooks as shipowners cut back on fleet expansion and oil majors reduce their capital expenditure. Many shipyards have seen revenues plunging in recent years and some have even exited the business, while the SBSR industry shows no convincing sign of turning the corner anytime soon.
Amid this challenging business landscape, there are still pockets of opportunities available within the industry. Yards focusing on building certain types of vessels and fabricating offshore structures still in demand by shipowners and oil and gas industry are still making good business. Same with yards focusing on MRO (maintenance, repair, overhaul) and conversion, and those which can deliver products and services at competitive cost, in good time and at a high degree of customer service.
Against this background, 4NMIF is held to provide a platform for stakeholders in the industry to congregate and explore such opportunities and share insights and ideas on how they are overcoming the turbulence facing the SBSR industry. The forum features speakers and role players who are leading experts in their respective fields within the industry, including policy formulation, marine technology, shipbuilding and ship repairing. They will share their wealth of experience and vast knowledge to point towards the opportunities in the industry which will surely be beneficial to the participants.
About MIGHT
The Malaysian Industry-Government Group for High Technology (MIGHT) is a not-for-profit company limited by guarantee under the purview of the Prime Minister’s Department. MIGHT, the implementing agency for Science to Action (S2A) national agenda, plays a key role in developing Malaysia’s high technology for business through its role as a think-tank, privatepublic consensus building and business nurturing platforms. It is an organisation built on the strength of public-private partnership with more than 100 members, both local and international, from industry, government and academia. (www.might.org.my)
SOURCE : Malaysia Industry-Government Group for High Technology (MIGHT)
FOR MORE INFORMATION, PLEASE CONTACT:
Name : Ani Suzila Anas
Head, Group Communication, MIGHT
Tel : 03 – 8315 7994 / 012-3128642
Email : ani@might.org.my
MIGHT’s Official Website: www.might.org.my
MIGHT’s Official Twitter Page: www.twitter.com/mightmalaysia
MIGHT’s Official Facebook Page: www.facebook.com/mightmalaysia
-BERNAMA |
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