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Maritime Research

Manning 2016

Annual Review and Forecast

June 2016

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Manning 2016

Comprehensive analysis of manning costs

Is seafarer supply matching the demand from today’s global fleet? Drewry Maritime Research’s Manning 2016 report tackles this question and also sets out the facts concerning wage rates and terms of employment that dictate the cost of manning vessels.

  • Global Seafarers - supply and demand - How has the seafarer supply changed in relation to the wider changes in the size of the world merchant fleet? Drewry provides forecasts up to 2020.
  • Supply - Where is the global supply coming from and how has this changed? Projected additional officer requirements 2016–2020
  • Demand - Fleet sector changes 2004 -2016 for 6 vessel types and projected officer requirements.
  • Crew wages and employment terms - Master wages 2001 - 2016, ITF uniform "TCC" collective agreement 2012, 2013 and 2014/5, calculating crew budget, terms and conditions of service.
  • Country analysis - Seafarer numbers 1990- end 2015, 2016 wage breakdown across 10 grades, premium rates, reputation and market sentiment. Data covers Bulgaria, China, Croatia, India, Latvia, Philippines, Poland, Romania, Russia, Ukraine and UK.

 

Manning 2016 is one of Drewry Maritime Research’s annual reports, providing you with a comprehensive data and analysis of manning in international shipping and a unique tool to help you benchmark your costs against the industry.


More Information

Fast facts...

  • 15 years supply and demand analysis
  • Projections of officer requirements until 2021 
  • Manning budgets for 30 types of vessel
  • Country profiles of the top 10 suppliers of seafarers

News

Multipurpose shipping market to strengthen on growing demand

Multipurpose shipping market to strengthen on growing demand
Many key drivers for dry cargo demand have reported a significant uptick in 2017, resulting in improving conditions for all vessels in the multipurpose shipping sector, according to Drewry’s latest Multipurpose Forecaster.

2nd Edition Report assessing the financial health of the container shipping industry now available

Drewry Financial Research Services Ltd., the investment research arm of global shipping consultancy Drewry, is pleased to announce the launch of its 2nd Edition special report into the financial health of the global container shipping industry.

LPG freight rate recovery to be confined to smaller vessels

Vessel oversupply will persist in the LPG shipping market for the next two years, keeping freight rates under pressure across most size segments, with any recovery being confined to smaller vessels, according to Drewry’s latest LPG Forecaster.

Scrapping to determine the pace of recovery for tanker shipping market

Recovery in the crude tanker shipping market is not expected until 2020 as weak trade growth and a bloated orderbook limit any rate recovery, with scrapping levels influencing the pace of any upturn, according to Drewry’s latest Tanker Forecaster.

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