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Risks In Heavy Lifting Operations

4th September 2017

A lifting operation is an operation concerned with the lifting and lowering of a load, it can be performed manually or using lifting equipment. Majority of the companies in the manufacturing and construction industry rely on overhead cranes to lift and transport materials. Proper installations and usage of the cranes can make operations easier and safer. However, fatalities and severe injuries are still frequent despite measures taken to mitigate it. According to Workplace Safety and Health (WSH) Council, crane-related fatalities in Singapore range from between 2 to 10 in a year. As a job proceeds, it becomes natural for an individual’s...

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LNG Market Outlook – Now And In The Future

4th September 2017

The LNG market outlook today In an assessment done by Ernst & Young, it was estimated that global natural gas demand has grown 2.7% annually since 2000. However, global LNG demand has risen by an estimated 7.6% per year over the same period, a growth that is three times faster than the former, and the growth is expected to increase even further in recent year, especially through 2020. Image taken from Ernst & Young Global Limited As an alternative source of gas supply, the increase in LNG demand is a function of increasing natural gas consumption that is driven by...

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3 Industrial Accidents Caused By Human Error

4th September 2017
industrial accident

“Error will be taken as a generic term to encompass all those occasions in which a planned sequence of mental or physical activities fails to achieve its intended outcome, and when these failures cannot be attributed to the intervention of some chance agency.” – James Reason in Human Error Even with technological advancement, human error is still the major cause of accidents and incidents. Regardless of how well trained or motivated an employee is, errors are bound to happen. In fact, in a Cyber Security Index report by IBM Security service, over 95% of all incidents that were being investigated...

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What Is A Loading Master?

4th September 2017

A Loading Master is a person who has command or charge of a bulk carrier, where a ship’s officer has command over the loading or unloading operations for a bulk carrier. The Master has responsibility for ensuring that there is safe access to and from the ship. The ship provides the access, and the Master or Terminal Operator confirm that it is safe and suitable. The Master has the obligation to ensure that it is safe. The responsibility of a Loading Master includes but not exclusive to:- In advance of the ship’s estimated time of arrival at the terminal To ensure...

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Money Laundering In Singapore

4th September 2017

In 2016, as reported by a global index, Singapore has overtook Hong Kong to become the world’s third-best financial centre, behind London and New York. According to Hugh Young, Managing Director of Aberdeen Asset Management (Asia), one of the main driving factor for this result is that Singapore has government policies that are tailored to meet the needs of the finance sector and other businesses. On top of that, they are armed with a strong regulatory framework to fend off dirty money and terrorism financing. However, despite that, they are not spared from being susceptible to money laundering. From 2014...

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Shutdown & Turnaround of Refineries

4th September 2017

Oil and gas accounted for bulk of energy consumption all over the world and are mainly used for transportation and electricity generation. Although there is a transition from fossil fuels usage to alternative energy, new infrastructure are still unable to process supply that can meet the existing demand, hence there is still a high reliance on oil and gas. Shutdowns and turnarounds are sizable projects that have to be executed under strict time constraints with severe financial impacts when face with project delays. Shutdown Refineries take crude oil and refine it into gasoline, diesel and other petroleum products. Like all machineries,...

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The Use Of ALARP In Singapore

4th September 2017

ALARP is the acronym for “as low as reasonably practicable”. ALARP originated from the British health and safety system. It stems from the concept “reasonably practicable” which involves weighing a risk against the trouble, time and money needed to control it. It is a pivotal part of the general duties of the Health and Safety at Work etc Act 1974. ALARP is a term commonly used by risk specialists and duty holders. It describes the level to which workplace risks should be controlled. Using ALARP to measure risk can be quite challenging because duty holders are required to exercised their professional...

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Why Is It Important To Manage Data?

4th September 2017

Managing data is an important managerial task in an organisation today. An organisation success is not only dependent on the possession of resources, but how the resources are efficiently utilised. “… data and information within an organisation and its environment form part of the strategic, tactical, and operational resources of an enterprise.” According to IDC[1], the amount of information around the world will reach about 35,000 exabytes in 2020. It is also estimated that information processing will continue to increase 29-fold over the next 10 years. With such an exploding amount of data in the world, data will become a...

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Why Is It Important To Engage & Motivate Employees?

4th September 2017

In a study conducted by Gallup, it is reported that only a third of US employees are engaged at work, with half of them being “not engaged” and 16.8% are “actively disengaged”. The finding has also shown that productivity loss amounted between $450 billion to $550 billion annually. As unemployment begins to dip, organisation may find themselves facing issues with employee retention, and this force them to restructure their HR policies to put more emphasis on engagement to better retain their workers. Why is it important to engage & motivate employees? Engaged employees are more productive employees. They are not...

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Human Resource Management in 2017

4th September 2017

“One of the key success factors of high performing organisations is putting their people first.” – Deloitte Should we do away with HR? This is a highly controversial statement that companies and consultants have been debating about over the past few years. Much as over years, roles of HR has evolved (refers to article on “Challenges of Traditional Human Resource Management“), HR management often remains ineffective, incompetent and costly. The uncertainty in global politics and the incessant business risks have implied that HR is in fact more necessary than ever. One of the first step towards implementing an effective HR strategy...

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