MENU
Search
Login

Maritime Research

Manning Annual Review and Forecast 2018/19

Annual Review and Forecast

July 2018

Buy now
Manning

Comprehensive analysis of manning costs

Is seafarer supply matching the demand from today’s global fleet? Drewry Maritime Research’s Manning Annual Review & Forecast 2018/19 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 Seafarer - 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 2023.
  • Seafarer supply - Where is the global supply coming from and how has this changed? Projected additional officer supply 2019–2023.
  • Seafarer demand - Fleet sector changes 2010-2018 for the 6 main vessel sectors of chemicals, containers, dry bulk, LNG, LPG and oil tankers. Projected fleet development and officer requirements 2019-2023.
  • Benchmark crew wages and employment terms - Officer wage rates 2010-2018 covering chemical, container, dry bulk, LPG, LNG and oil tankers, ITF uniform "TCC" collective agreement 2014-2018.
  • Crew budgets - Crewing budgets including wage, victualing, travel and miscellaneous costs, covering 33 different vessel types & sizes for the above cargo carrying sectors.
  • Employment terms & 5-year cost forecasts - Trends in terms and conditions of service, including voyage length and leave, as well as manning cost forecasts covering the period 2019-2023.
  • Country analysis - Seafarer numbers 2012-2018, 2018 wage rates 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 Annual Review & Forecast 2018/19 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 2023
  • Manning budgets for 33 types of vessel
  • Country profiles of the top 11 suppliers of seafarers

News

Challenges and opportunities for the global port and shipping industry

Challenges and opportunities for the global port and shipping industry
Presentation given by Neil Davidson, Drewry Senior Analyst Ports and Terminals at the China Maritime Day Forum, 11 July 2018.

Higher container equipment prices to squeeze leasing rate returns

Container equipment rental rates and cash investment returns remain weak, despite last year’s recovery, according to Drewry’s latest Container Census & Leasing annual.

Manning costs rising on trade recovery and officer supply shortage

Cost growth returned to seafaring in 2018 and is projected to accelerate moderately, according to Drewry’s latest Manning Annual.

Trade wars threaten to derail container revival

The risk to container shipping from US-led trade wars is currently low, but potentially very damaging, according to Drewry’s latest Container Forecaster.

Events

Project Cargo Summit

Susan Oatway to discuss the heavy lift and MPV shipping markets.

TPM Asia

Drewry to discuss the growth of China as a buyer and the impact on freight rates, port infrastructure, and regional supply chains.

Maritime HR & Crew Management

Martin Dixon to discuss the outlook for crew costs and the implications of new technology.