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lloydslist.com | No. 60,717 | Friday July 13th, 2012 500
06/01/2012 11/07/12
Leading maritime commerce since 1734 Source: Cockett
Downturn fails to stem rise NEWS HIGHLIGHTS
NEWS FROM
in average shipping salaries THE DESKS
Market updates from
our global consultants
But pay for many AVERAGE SALARY AND BONUS BY JOB TITLE In general, Middle East positions
Pilot inquiry seeks submissions
pay the worst within each job
seafarers and shore 20%
NAVAL
Chartering category. However, salaries for ex-pats The UK Transport Select Committee
staff has been cut Director $227,140
are often tax free and housing costs has called on the shipping industry
to submit written evidence on
ARCHITECTS
Fleet/Technical $123,518 16% are provided by the employer. Local
Manager
DAVID OSLER employees will not as a rule enjoy issues affecting marine pilotage....2
Global Oil & Gas Jobs
Chartering $110,510 18% such terms and conditions.
Manager Geden delays Universal move
ON THE PROWL
AVERAGE shipping salaries continue While benefit packages offered by
Marine 7% Genel Denizcilikis planning to take
to rise despite the current downturn Consultant $100,743 ship management companies have
it easy for a few months and will
in most sectors of the industry, caught up with those on offer from
Charterer $100,493 13% wait at least until autumn before
according to a survey compiled by shipowners, shipowners still have the
Southampton-based recruitment Superintendent edge in terms of perks such as paid
making a second attempt to spin off
10 tankers into a new company, The latest on Naval
Architect recruitment
$96,456 12%
UK OFFICE SINGAPORE OFFICE
agency Faststream. (Technical) lunch, gym membership and optional
after being forced to drop plans for
Nevertheless, substantial numbers Marine holiday credits.
Mining Salary Review
Surveyor
$89,705 7% the flotation of Universal Maritime
of seafarers and some shore staff have Average salaries for master
in Oslo earlier this month, its chief
Project Services Manager, Subsea Assistant Operations Manager STANDOUT
seen substantial reductions in pay Superintendent 10% mariners tend to be highest for those
(Marine)
$88,663
executive has confirmed. .............3
over the last 12 months. working on passenger vessels, and are
Ship
HHLA fears European price war
London Malaysia
The mixed picture emerges from a typically at around $153,000. Next in
RECRUITMENT
$82,074 11%
Operator
survey based on responses from the league table are masters on German port operator HHLA fears
Shipbroker
4,000 shipping employees working (Chartering)
$81,666 26% offshore vessels ($128,247), followed a price war among northern
January 2012 £70K - REF. OG2128544 MYR300K - REF. OG0628899
TRENDS
Average salary
in all main shipping centres, as well Fleet Personnel
by those serving on tankers ($115,613) European terminal operators,
$59,321 8%
as at sea. Manager Average bonus and dry ships ($110,981). despite prices already being under
In general, seniority was found to But the good news is that over a 20- immense pressure.......................5
General Manager - Aberdeen Lead System Engineer - Singapore
Source: Faststream Recruitment Group
be a crucial variant, with those in the year working career at sea, an officer
higher positions more likely to have can expect to see his or her salary Asian oil refineries expand
CHIEF ENGINEER
enjoyed an inflation-plus settlement. operator has become increasingly explain engineering issues to a non- double in real terms. Asian refineries are driving capacity
The main conclusion is that 56% of highly regarded,” the report notes. technical audience. Faststream chief executive Mark growth in the refinery industry as
facilities expand in India, China
£65K - REF. OG1428974 SG$80K - REF. SH6628729a
SALARY SURVEY
shore staff and 50% of seafarer “Good ship operators can make the In geographical terms, the highest Charman said: “Even though the
respondents reported a salary gain of difference between commercial paid positions are in the US, where the shipping industry is being buffeted by and Pakistan, the International
5% or more during the last year.
However, set against this, 10% of
success and failure and are in demand
not only within shipping companies,
pool of candidates for jobs such as
superintendent are limited and tough
poor vessel earnings, rising costs and
ever more stringent regulations,
Energy Agency said on Thursday...8
Longhaul tanker boost
Project Director - Tyne & Wear Project Manager - Singapore
shore-based professionals and 30% of but also commodity houses and visa requirements make it harder to salaries continue to rise.
Venezuelan oil is not only boosting
£75-95K - REF. OG2728796 SG$140K - REF. SH8028608
NEWS FROM
seafarers said that their salaries had banks.” bring in overseas talent. Asia-based “The sector suffers from a skill
tanker employment on the much-
actually been cut in this period. Consultants can also earn well if ship operators and shipbrokers are shortage and the pool of highly
talked-about very large crude
Salaries were static for 17% of shore they are equally comfortable in a 20% better paid than their European qualified people continues to shrink.
Snr Drilling Engineer - Aberdeen Engineering Manager - Malaysia
FASTSTREAM
carrier route to China but also into
staff and 12% of seafarers. boiler suit and a business suit and can counterparts. This is both the legacy of a lack of
India. .......................................9
In terms of average salaries ashore, training in the 1980s during the
chartering directors are at the top of
the tree, averaging an annual basic of
previous downturn and the often
perceived low status of jobs in the
Tough times ahead for owners
The containership orderbook stood £80-110K - REF. OG2628871 MYR500K - REF. OG1328972
$227,140 and a bonus of 20%. shipping industry.” at 3.8m teu in the first week of July,
Electrical Design Engineer Superintendent, Diesel Engines
That is some way ahead of the A spokesman for Nautilus including the latest order from
second-ranking job title, with
“Even though the shipping International said that the Anglo- Evergreen for 10 13,800 teu ships
industry is being buffeted by
fleet/technical managers pulling
down $123,518 and a bonus of 16%. poor vessel earnings, rising
Dutch officers’ union had found the
findings interesting, and added that
that now appears to have been
sealed, Lloyd’s List Intelligence London Singapore
Faststream highlights the costs and ever more stringent officers in skill shortage areas have data reveals. ........................Back
closeness in remuneration between
ship operators, on $82,074, and regulations, salaries continue
often been able to command double-
digit pay hikes.
£40-55K - REF. OG1728959 SG$150K - REF. SH8028066
shipbrokers, on $81,666. to rise.The sector suffers However, the tendency towards 28
“While gauging the average
shipbroker’s salary is of course very
from a skill shortage and the
pool of highly qualified
pay cuts did not appear to be as
pronounced among unionised Snr Instrument Engineer Commercial Manager,
difficult, as it takes in such a wide
range of earnings and markets, the people continues to shrink”
officers covered by collective
bargaining agreements, he said. n Aberdeen New Building - Singapore
fact is that the role of the ship Mark Charman, Faststream chief executive www.lloydslist.com/manning 9 770144 820659
£56/hr - REF. OG1528780 SG$145K - REF. SH2228970
lloydslist.com bringing you maritime news as it happens
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