Financial Times FT.com

Fast-growing fleets hit by lack of crew

By Robert Wright in London

Published: March 26 2008 02:00 | Last updated: March 26 2008 02:00

Every morning, Greggy Venzuela comes to a tree-shaded area at the junctions of TM Kalaw and Maria Orosa streets in Manila to look for sailors.

Mr Venzuela works for Fleet Management, a supplier of staff to shipowners. He faces ever more intense competition from rivals that have set up stalls in the area, a once-informal jobs market that has gradually grown formal.

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