By Staff Reporter : PNG Today
College Principal, Captain Dabung Kiong revealed this to cabinet ministers, Francis Marus and Malakai Tabar, who were at the college recently for the opening of new staff houses and the ground breaking for a new administration building, a library and a new bridge simulator.
Captain Kiong says shipping companies have indicated that a cut to the number of candidates sent to the college is imminent beginning next year.
According to the principal, the numbers will be cut by half.
This, he adds, represents about 40 per cent of the total students.
Currently the college collects about 84 per cent of its school fees from these companies and the decision to cut students intake will definitely have an adverse effect on the college’s finances.
Captain Kiong says with the cut from the companies, they would need government help to sustain the college's operations. NBC News / PNG Today