All posts by : Cabnave

In the last week of 2023, the Internal Audit, Budgetary Control and Performance Assessment Office presented the new Performance Assessment System to the employees of Cabnave Estaleiros Navais de Cabo Verde, S.A.. This system was developed with the aim of analysing and measuring the individual performance of each employee, aligning it with the strategic objectives set by the company.

The Performance Appraisal System aims not only to evaluate performance carefully and objectively, but also to identify areas for improvement and professional development. By providing structured and continuous feedback, this system contributes significantly to employee motivation and growth, promoting a more productive and satisfying work environment.

In addition, the implementation of this system reinforces Cabnave’s commitment to operational excellence and efficiency. By making the most of and developing existing human potential, the company hopes to achieve continuous improvement in its results and more effective alignment with its long-term objectives.

The initiative to introduce this system underlines the importance Cabnave attaches to its human capital, recognising that the development of its employees is fundamental to the company’s success and competitiveness in the naval sector.

In the last week of 2023, the Internal Audit, Budgetary Control and Performance Assessment Office presented the new Performance Assessment System to the employees of Cabnave Estaleiros Navais de Cabo Verde, S.A.. This system was developed with the aim of analysing and measuring the individual performance of each employee, aligning it with the strategic objectives set by the company.

The Performance Appraisal System aims not only to evaluate performance carefully and objectively, but also to identify areas for improvement and professional development. By providing structured and continuous feedback, this system contributes significantly to employee motivation and growth, promoting a more productive and satisfying work environment.

In addition, the implementation of this system reinforces Cabnave’s commitment to operational excellence and efficiency. By making the most of and developing existing human potential, the company hopes to achieve continuous improvement in its results and more effective alignment with its long-term objectives.

The initiative to introduce this system underlines the importance Cabnave attaches to its human capital, recognising that the development of its employees is fundamental to the company’s success and competitiveness in the naval sector.

As part of the restructuring of Cabnave Estaleiros Navais de Cabo Verde, S.A.’s occupational health policy, a cooperation agreement was signed today with Medicentro – Clínica de Especialidades. The main aim of this strategic agreement is to promote and ensure the occupational health of Cabnave’s employees and their families, providing them with wider and easier access to quality health services.

The protocol establishes that employees and their families will be able to benefit from a variety of medical services, including general and speciality consultations, as well as significant discounts on medical examinations. In addition, the agreement provides for payment facilities for some specific services, making access to healthcare more affordable and convenient.

This joint effort underlines Cabnave’s commitment to the well-being and quality of life of its employees, recognising the importance of a healthy and safe working environment. The partnership with Medicentro aims not only to prevent and treat health problems, but also to promote a culture of health and well-being in the workplace.

Through this initiative, Cabnave reaffirms its dedication to implementing policies that value the company’s human capital, believing that employee health and motivation are fundamental to organisational success and productivity.

As part of the restructuring of Cabnave Estaleiros Navais de Cabo Verde, S.A.’s occupational health policy, a cooperation agreement was signed today with Medicentro – Clínica de Especialidades. The main aim of this strategic agreement is to promote and ensure the occupational health of Cabnave’s employees and their families, providing them with wider and easier access to quality health services.

The protocol establishes that employees and their families will be able to benefit from a variety of medical services, including general and speciality consultations, as well as significant discounts on medical examinations. In addition, the agreement provides for payment facilities for some specific services, making access to healthcare more affordable and convenient.

This joint effort underlines Cabnave’s commitment to the well-being and quality of life of its employees, recognising the importance of a healthy and safe working environment. The partnership with Medicentro aims not only to prevent and treat health problems, but also to promote a culture of health and well-being in the workplace.

Through this initiative, Cabnave reaffirms its dedication to implementing policies that value the company’s human capital, believing that employee health and motivation are fundamental to organisational success and productivity.

Cabnave Estaleiros Navais de Cabo Verde, S.A., has currently drawn up the company’s new strategic plan and feasibility study, which envisages the significant investments that the Cape Verde state will have to make for its full rehabilitation and expansion.

On 16 February 2024, the final draft of this study was presented to the Minister of the Sea, Abraão Vicente, detailing the specifics of the interventions planned at the shipyards so that they can achieve the growth targets outlined. This strategic plan includes a comprehensive analysis of infrastructural and operational needs, as well as long-term development opportunities.

During the presentation, the main investments needed were discussed, such as the modernisation of facilities, the acquisition of new equipment and the implementation of advanced technologies. The Minister of the Sea expressed his satisfaction with the fulfilment of the deadline for delivering the study and reinforced the government’s commitment to Cabnave’s rehabilitation and growth.

Government support is essential to ensure that Cabnave becomes a benchmark in the naval sector, not only at national level, but also regionally. The company is committed to continuing to work diligently and strategically to ensure a sustainable and prosperous future, in line with Cape Verde’s economic development goals.

The Board of Directors of Cabnave Estaleiros Navais de Cabo Verde, S.A., had the honour of receiving a courtesy visit from the Ambassador of Guinea-Bissau to Cape Verde, Ibraim Sano. This visit is part of the official visits carried out in São Vicente, after the Ambassador has presented his credentials.

During the meeting, topics of mutual interest were discussed, including potential areas of co-operation between Cape Verde and Guinea-Bissau in the naval sector. Ambassador Ibraim Sano had the opportunity to visit Cabnave’s facilities and learn about ongoing projects and activities, as well as future development initiatives.

This type of visit strengthens diplomatic ties and opens doors to possible partnerships that could benefit both countries. Cabnave reaffirms its commitment to promoting international collaboration and contributing to growth and innovation in the naval sector.

The Board of Directors of Cabnave Estaleiros Navais de Cabo Verde, S.A., received a visit from the Millennium Challenge Corporation (MCC) team, which was in Cape Verde on a high-level mission. This visit is part of MCC’s ongoing efforts to evaluate and support strategic projects in the country.

During the visit, the MCC team had the opportunity to visit Cabnave’s facilities in detail and learn about its operations. The various ongoing projects were presented, as well as the shipyard’s technical capabilities and future development plans.

The main aim of the MCC’s mission to Cape Verde is to hold meetings with the strategic sectors of the blue economy, identifying investment and collaboration opportunities that can contribute to the country’s sustainable growth. The visit to Cabnave reflects the importance attached to the shipbuilding industry as an essential pillar for Cape Verde’s economic development.

This meeting underlines Cabnave’s relevance in the context of the blue economy and reinforces the company’s commitment to continuing to expand its operations, always in line with international best practice and with the support of strategic partners.

On 6 May 2024, the Minister of the Sea, Abraão Vicente, visited Cabnave Estaleiros Navais de Cabo Verde, S.A. to find out about the company’s ongoing projects, in particular the shipyard improvements resulting from the investment guarantee approved by the government.

It should be remembered that the Cape Verdean government recently approved a loan guarantee for investments totalling 65,000 escudos, for improvements to guarantee the operational capacity of Cabnave’s shipyards. The investment is aimed at acquiring new equipment, improving docking operations and repairing ships.

Despite improving the company’s operating conditions, these interventions are not enough for the complete restoration of Cabnave, since the company has not received any work for 30 years, the Minister for the Sea recognised after the visit, recalling that the complete refurbishment will be carried out through investment from the European Investment Bank, which is currently in the study phase.

“Cabnave may be one of the most profitable companies in Cape Verde, but we need to make fundamental investments. This is the government’s commitment,” said the Minister for the Sea, Abraão Vicente.