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took a radically different view when interviewed: “You can’t be the sulky child in the corner forever,” he says. “We are not loved in Europe and I think it would actually be very good for Europe. They need a shock. The corruption is beyond belief, the inefficiency is appalling and some of the subsidies are immoral.”While there are concerns that the UK could suffer from not being part of a large single market, there are some, like MrSoames who believe that Brexit will revive more traditional trade relationships. And he may be right when you consider that the Germans will continue to sell their cars to the UK market as will the French their wine.Now that the dust has settled politically at least, with a new British Prime Minister in Teresa May and a new Secretary of State elected to handle Britain’s exit negotiations in David Davis, there is an air of excitement for the future. A feeling that the UK andEurope will negotiate what is best as far as trade is concerned for both of them, and the UK will be freed up to negotiate trade deals with other countries that can only be good for the UK and the City of London.There are many who believe it can only be good news for London’s role as a major global financial services centre – well you only need to look at the Singapore Exchange’s planned takeover of the Baltic Exchange for proof of that.NEWSSingapore Maritime Dialogue 2016Singapore a "multiple gold medallist" in the maritime sector: Josephine TeoOrganization (IMO) Maritime Ambassador Mrs Mary Seet- Cheng and Singapore Maritime Ambassadors, Mr Wayne Siek Weiying, Construction Manager at Keppel FELs Ltd and Mr. Muhammad Hazreen bin M Haffis, Executive, Chartering – Operations at Aurora Tankers Management Pte Ltd.When asked about the current downturn in the maritime sector and how itis constantly continuing to stay innovative by employing new technology, including remote-controlled cranes and automated vehicles that would eventually replace prime movers in ferrying containers.What was most engaging were the passionate off-the-cuff speeches by Wayne and Hazreen on their motivations and experiences working in the maritime industry thus far. With such inspiring stories, we hope that more youth would follow their footsteps to embark on a maritime career.This annual dialogue is organised by MaritimeONE partners SSA, SMF, MPA and ASMI to give students a better understanding of the maritime industry.|9Senior Minister of State for Foreign Affairs and Transport Mrs Josephine Teo speaking to students at the third Singapore Maritime Dialogue. (Photo credit: Singapore Maritime Foundation)The third annual Singapore Maritime Dialogue took place on Friday, 12 August 2016 at PSA’s Pasir Panjang Terminal 3 Building. The session was attended by 150 students from various institutions, including the Singapore Management University, Singapore Polytechnic, Junior Colleges and Institute of Technical Education.SSA’s Young Executives Group (YEG) Committee Chairlady, Ms. Lao Mei Leng was invited to moderate the panel discussion session, with panellists Senior Minister of State for Foreign Affairs and Transport, Mrs Josephine Teo, Maritime and Port Authority of Singapore (MPA) Chief Executive, Mr. Andrew Tan, International Maritimemay affect them, Mrs. Teo said, “We mustn't be fearful of economic cycles. What goes up must come down, the question is on the way down, what do you do toprepare for the time when you come up again.” She likened Singapore's maritime sector to being a multiple Olympic gold medallist, being one of the top transhipment hub ports in the world and one of the world's premier ship repair and ship conversion centres as well as a global leader in the building of jack-up rigs.Mr. Andrew Tan also added that the maritime sector hereSSA YEG Committee Chairlady, Ms. Lao Mei Leng (most left) moderating the panel discussionISSUE 51 | WAVES