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More “Acche Din” for Indian Seafarers

Forecast: Industry Will Need Almost 150,000 More Seafarers by 2025

Unless seafarer training levels are increased significantly, the growth in demand for seafarers could generate a serious shortage in the total supply of officers as the latest five-year BIMCO/ICS Manpower Report forecasts that an additional 147,500 officers will be required by 2025 to service the world merchant fleet.

Launched at the International Maritime Organization, the reports identifies that the current shortfall stands at 2.1%, amounting to some 16,500 officers, while some officer categories are in a really short supply, including engineer officers at management level and officers needed for specialised ships such as chemical, LNG and LPG carriers. However, unless training levels rise, a shortage in total supply of officers could emerge.China is thought to have overtaken the Philippines as the largest single source of seafarers qualified for international trade. While data from international shipping companies suggests that the extent to which Chinese seafarers are available for international service may be more limited, the Philippines and Russia are seen as equally important sources of officers, followed closely by Ukraine and India.


 But, No end to Ratings' struggle


 The report estimates that there is a current surplus of 15.8%, about 119,000 ratings, with demand only having increased by about 1% since 2010. Witnessing no increase in Demand of Ratings, their struggle to get a job will continue.

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