Seafarer Wage Cost Reports
Your source of seafarer wage data
Spinnaker provides vital wage cost reports for crew working on all major vessel types. These reports help employers of crew not only attract and retain talent but remain competitive in the crewing market.
The Spinnaker seafarer wage cost reports are produced annually and provide information on deck & engine positions across various vessel types.
The seafarer wage cost survey methodology
Spinnaker’s annual seafarer wage cost reports are made up of wage and allowance data from 50 shipping companies worldwide.
These companies provide Spinnaker with anonymised wage and guaranteed allowance data for all their seafarers which is calculated into minimum and maximum Daily Wage Costs across vessel type, rank and nationality for the final reports.
The reports capture all guaranteed pay, whilst taking rotation patterns into consideration enabling members to identify the cost of crewing a vessel.
Participants in the wage cost survey become members of the Seafarer Employers’ Association who then receive additional annual benefits including participation in the annual benefits survey and a year-on-year trend report.
Seafarer wage reports are available annually from the 1st of August.
What is included in the seafarer wage cost reports?
- Seafarer wage data from 50 shipping companies globally including shipowners, shipmanagers, crew managers and oil majors.
- Seafarer wage data representing 250,000* seafarers.
- 50 seafaring ranks. Including Master, First Officer, First Engineer and Bosun.
- 13 vessels including Bulk, Crude, Container, Cruise, LNG and LPG.
- 110 nationalities including Filippino, British, Ukrainian and Danish.
- 10,000 lines of reportable data.
- Reports are personalised for each member which allows the client to make a direct comparison between their data and that of the market.
*Data in the 2024 survey
Who would benefit from the Spinnaker salary reports?
Heads of crewing in shipowners, shipmanagers and oil majors, and manning and crewing agents would benefit from the Spinnaker wage reports.
Companies participating in the seafarer wage survey represent all trades including bulk, chemical, container, crude, cruise, LNG, LPG and product carriers.
Contact us for more information on the Seafarer Wage Cost Reports
The trend report is very useful for Owners & Manager to use as a reference whilst deciding on crew nationality for the year ahead. Without a trend report, the personnel at the highest level of ship management who are decision makers would not be able to make the impact on the future planning for their company.