MISC Annual Report 2017

111 Strategy & Performance MOVING FORWARD In facing anticipated headwinds, ALAM is aggressively exploring opportunities to diversify into other market segments such as ports, terminals, cruise and logistics training. The Academy will also look to expand its regional market coverage and strengthen international collaboration with countries like Cambodia, Timor Leste, Singapore and Indonesia in the areas of consultancy and maritime courses. Following its acquisition of an Electrical High Voltage (EHV) simulator, ALAM has been granted approval by the Malaysian Marine Department (MarDep) to conduct this course in-house. The newly renovated and refurbished training galley enables ALAM to meet the training requirements of the ILO MLC 2006 programmes. These will give ALAM the opportunity to strengthen its offerings and boost its revenue streams. In fac i ng ant i c i pated headw i nds, ALAM i s aggres i vely e xplor i ng opportun i t i es to d i vers i ty i nto ot her market segments such as ports , term i nals , cru i se and log i st i cs tra i n i ng. MANAGEMENT DISCUSSION & ANALYSIS MARITIME EDUCATION & TRAINING