Maersk Line faces a challenge in the coming years in complying with the so-called “local content” demands of many countries across the globe. Local content laws deal with how many employees have the same nationality as the country in which the drilling operation takes place.
“It presents a challenge and we are in the process of planning how to meet it. Now that we are working in countries like Angola, Egypt, and Brazil, the demands for local content are significant. Obviously, if 70 percent of a drilling crew needs to be Angolan, we are not getting expertise because it is not available in the market today. There are simply not enough qualified Angolans, yet the legislation is already in place. That means we are in charge of the task of educating these people to a fully qualified and competent level within a number of years,” says Claus V. Hemmingsen, CEO of Maersk Drilling, to ShippingWatch.