Government Cadet Subsidy to Continue
In an interesting feature piece on Bimco, freelance journalist Andrew Guest examines why the Government subsidy to train cadets will continue despite the current climate of budget slashing.
The piece covers issues such as the ‘quality premium’ paid to British Officers and the predicted widening of the gap between supply and demand due to ‘the demographic time bomb’ – two thirds of currently active seafarers are over 40.
