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Report: Crew shortages threaten global trade.(Report)
The shortage of global deck officers could number as high as 34,000 this year and could rise to 90,000 by 2012, according to a new report by Drewry Shipping Consultants.
One of the consequences of the shortfall will be an increasing upward spiral in wages, the London-based consulting firm stated in "Manning 2008 Annual Report," which it published in conjunction with Precious Associates Ltd.
"The balance of negotiating power is very clearly shifting from employer …
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