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Follow on Google News | Faststream's 2012 Maritime Salary Review reveals pay rises across maritime sector.The latest Faststream review shows that despite shipping industry woes, salaries across the sector continue to rise.
By: Koozai Other key findings of the survey include: * Salaries for Master Mariners working on passenger vessels remain the highest at $153K. * Benefit packages offered by ship management companies have caught up with those on offer from shipowners. * Asia based ship operators and shipbrokers are 20% better paid than their European counterparts. * 9% of shore based shipping professionals reported a salary drop in 2012. * Officers who move from sea to shore after 6-10 years at sea can expect a significant rise in income over their career. Commenting on the results, Faststream Group CEO Mark Charman said: “Even though the shipping industry is being buffeted by poor vessel earnings, rising costs and ever more stringent regulations, salaries continue to rise. The sector suffers from a skill shortage and the pool of highly qualified people continues to shrink. This is both the legacy of a lack of training in the 1980s during the previous downturn and the often perceived low status of jobs in the shipping industry.” For more information on Faststream please visit http://www.faststream.com/ End
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