Life changing Artical for seaman this will below your mind (on merchant Navy new updates 2021)
A MUST READ FOR THE PRESENT MERCHANT NAVY SEAFARER’S COMMUNITY !! How Indian Management Companies in Shipping Industry are eating into the pockets of Indian seafarers and Ship owners. Have you ever wondered that as an Indian seafarer, why your salary is on a decline since 2006 as officers/ratings. This same period coincides with the massive growth of Management companies in shipping and particularly those with a training establishment. We will briefly explore ' What, why, when, where, who and how ' aspect of this question. 1.WHAT : Salary of Indian seafarers ( both officers/ratings) has not seen any hike since last 15 years. On the contrary, it has been reduced many times, particularly ratings and junior officers. For eg. Starting wages for 3rd off/4th engr were 3800- 4000 USD back in 2008. This has been reduced to 2400-2800 USD in 2021 or in some cases, even less. Same period has seen an inflation rate of 7 % in the country, which means even if you were getting the same sala...