Seniority vs. Quantity: Spinnaker’s insight into where maritime professionals are from

In April 2024, the Maritime HR Association released the 7th annual market analysis report on Nationalities.

The purpose of this report is to look at the national split of the 2023 salary survey and indicate which nationalities are predominant in different job families and why.

Indian nationals are most represented

Having one of the longest coastlines in the world (more than 7.5 thousand kilometres) and thus located at the intersection of one of the busiest shipping routes in the world1, India offers 23% of all maritime jobs collected in the 2023 salary survey. This is 13% more than the second largest benchmark country, the USA (10% of all maritime jobs are created there), and 1% more than in 2022.

Therefore, it comes as no surprise that Indian nationals make up more than a quarter (29%) of all nationalities represented in the survey.

We can see a strong Indian presence in Technical & Marine, Safety & Quality, Commercial Operations and Crewing job families. It is Crewing where we notice the largest percentage of Indian nationals – 39%, with manning roles being slightly more common than training.

Although globally Indian maritime employees are at the forefront of the most senior positions accounting for 20% of all Managers and 17% of all Directors, if we look at the Indian sample separately, only 2% of all Indian employees are Directors and 8% are Managers.

Interestingly, in the majority of MHRA job families, a comparatively larger proportion of all Indian incumbents can be found in junior positions. With this rise in new maritime talent we have all reasons to expect a promotion potential in the next years.

Northern Europe leading the way

An entirely opposite picture can be seen for Danish and Norwegian nationals. Similar to 2022, their overall presence is not particularly prominent, barely reaching 2%; however, they fill 12% and 10% of Executive Leadership positions respectively. If we look at all Danish and Norwegian employees represented in the 2023 survey, 16% and 12% of them work at Director level, and 22% of both nationalities perform Managerial roles. This statistics hints at the continuous Scandinavian maritime leadership and its further rapid development.

The UK is very well positioned in the survey being in the top-3 benchmark countries and thus retaining its strong presence in global shipping. British nationals are in top-3 of nationalities collected in the survey accounting for 14% of all Managers, 16% of all Directors, and 14% of Executive Leadership professionals.

The overall Western European sample is not very large. Only in freight trading do we see Swiss and German nationals to be at the leading positions.

Same as in 2022, Eastern European presence can be noticed mainly in Crewing with 5% Ukrainian and 2% Polish nationals.

Overall, global maritime nationality split continues its 2022 trends, however we’ll keep an eye on its further dynamics in the face of the ongoing world challenges.

To read more on the topic please contact our benchmarking team at [email protected].

1 Sun, S. (2023) Topic: Maritime ports in India, Statista. Available at: https://www.statista.com/topics/11584/maritime-ports-in-india/#topicOverview

Article written by Daryna Rozum, Reward Consultant, Spinnaker

Diving into a legal career

Legal Abbreviations

PQE – Post Qualification Experience
SQE – Solicitors Qualification Examination(s)
LPC – Legal Practice Course
QWE – Qualifying Work Experience
CPR – Civil Procedure Rules

Working in the Law – Types of employer and types of shipping law


Private Practice (Law Firms)

Contentious = Handling Disputes (Dispute Resolution)

  • Litigation
  • Arbitration
  • Alternative Dispute Resolution (ADR) such as mediation and conciliation

Non-Contentious

  • Finance
  • Company law
  • Transactional work

Dry Shipping (contractual work)

  • Charterparties (vessel performance, unsafe ports, delays, on/off-hire, laytime & demurrage, bunker payments, etc etc)
  • Ship arrest
  • Cargo claims / bill of lading work
  • General shipping contract work

Commodities / International Trade

  • Buying and selling of goods / cargo
  • Letters of credit

Wet Shipping (also known as Admiralty, also known as Casualty)

  • Bumps and scrapes
  • Pollution, collisions, groundings, sinkings, salvage, explosions/fires, etc

Ship Finance (sale & purchase and newbuildings) also known simply as ‘asset finance’

Construction & Conversions (Shipbuilding, Offshore Construction, Conversion of ships to offshore facilities)

Marine insurance and reinsurance

P&I (marine liability insurance)

Yachting

Energy and Oil & Gas is something we’re starting to do more of.

P&I Clubs

P&I clubs are (for the most part) mutual marine insurers (mutual meaning that they are owned by the ‘members’ who insure with them). Other than law firms, they employ more shipping lawyers as P&I and / or FD&D Claims Handlers than any other type of employer.

Staff employed by P&I clubs:

  • P&I Claims Handlers
  • FD&D Claims Handlers (legal expenses cover, known as “defence work” but actually providing legal costs for both pursuing and defending claims not otherwise covered by P&I itself). FD&D stands for freight, demurrage and defence which is historical terminology really.
  • Underwriters
  • Loss Prevention Staff

In-House employers

Employment with any of the following:

  • Shipowner
  • Oil Major
  • Charterer / Trader
  • Port
  • Regulatory body
  • Insurance company / insurance broker
    …… any many more

What can NED’s bring to your company?

The established practice of using non-exec directors is proving even more beneficial than ever before. The wealth of knowledge and support they bring can provide fresh perspectives on those everyday business challenges in a more cost-effective approach than that of a full-time director. It really is a win win.

Employing a non-executive director (NED) can have countless benefits for the company including:

  • Neutral Viewpoint: The NED provides a separate stance from that of the regular daily procedures of the business, which can be advantageous in determining original approaches and resolving issues.
  • Capability & Knowledge: Non-executive directors often provide an array of expertise from numerous industries and perspectives. This can supply significant direction and support which can be valuable especially during organisation disruptions and strategic future planning.
  • Governance: NEDs play a fundamental role in corporate governance, guaranteeing that the business operates ethically and remains compliant with policies and procedures outlined. The additional management allows for clarity and accountability within the company.
  • Risk Management: Non-executive directors can contribute to the detection and supervision of risks. Their impartial point of view allows them to calculate risks analytically and advise constructive risk mitigation approaches.
  • Enhanced Integrity: Having respected personalities contributing as non-executive directors can increase credibility in the opinion of stakeholders, including shareholders, customers, and officials. This position can indicate a steadiness with the company and the corporate principles.
  • Networking Prospects: NEDs will generally have extensive networks of connections within the industry. Benefiting from these connections can uncover additional opportunities which could benefit the company going forward. Great networking and business development. This could be through potential collaborations or business enhancement proposals.
  • Development of Strategy: Non-executive directors can influence the improvement of lasting strategic strategies by providing planned supervision and challenging expectations. Their outside view can assist in anticipating and adapting to adjustments within the market or sector.

By having non-executive directors on your board, you can add significant value to a company by bringing independent oversight, strategic guidance, and diverse expertise to the boardroom.

To find out how to identify the most appropriate NED for your business, call Teresa Peacock to discuss.