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2024 Seafarer Wage Reports Released!

Since 2005, Spinnaker has been providing salary and bonus benchmarking reports to the maritime industry, offering HR and Crewing teams comprehensive resources for their annual pay reviews.

It all began with shore-based jobs when the ‘Tanker HR Forum’ was launched with 8 founding companies. This group has evolved into the Maritime HR Association, which now boasts 110 members. The association provides salary and bonus data for various roles, including Technical Superintendents, Operators, and Charterers.

Building on the success of the Maritime HR Association, Spinnaker launched the Seafarer Employers’ Association in 2017 to support clients who employ their own crew. This data offers insights into the ‘Daily Wage Cost’ by vessel type, nationality, and rank, helping shipping companies ensure competitive pay and accurately calculate crewing costs as the reports also consider crew rotations.

The survey data has grown annually, and now the data in the survey is representative of 15% of the global seafaring community. There are 11 different vessel type reports, including Bulk, Car Carrier, Container, Chemical, Crude, Product, LNG, LPG, and Cruise, along with several grouped vessel types.

The 2024 reports for seafarers is now available and for more information on accessing these reports, contact us via email, call +44 (0)1702 481 637, or visit our dedicated webpage.

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