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Press Release

BIMCO/ICS Manpower Report predicts potential shortage of almost 150,000 officers by 2025

Launched yesterday (May 16) evening at the International Maritime Organization, the latest five-year BIMCO/ICS Manpower Report forecasts a serious future shortage in the supply of seafarers.  The report identifies:

•             A current shortfall of about 16,500 officers (2.1%), but

•             A need for an additional 147,500 officers by 2025 to service the world merchant fleet.  

The global supply of officers is forecast to increase steadily, but this is predicted to be outpaced by increasing demand.

Some officer categories are in especially short supply, including engineer officers at management level and officers needed for specialised ships such as chemical, LNG and LPG carriers.

The report suggests that in the past five years the industry has made good progress with increasing recruitment and training levels and reducing officer wastage (i.e. retaining qualified seafarers and increasing the number of years which they serve at sea). But the report indicates that, unless training levels are increased significantly, the growth in demand for seafarers could generate a serious shortage in the total supply of officers.

However, the report estimates there is a current surplus of about 119,000 ratings (15.8%), with demand only having increased by about 1% since 2010.   

Significantly, China is thought to have overtaken the Philippines as the largest single source of seafarers qualified for international trade (although the Philippines is still the largest source of ratings). However, data from international shipping companies suggests that the extent to which Chinese seafarers are available for international service may be more limited, with the Philippines and Russia seen as equally important sources of officers, followed closely by Ukraine and India.

BIMCO CEO, Angus Frew, said: “BIMCO and ICS have once again collaborated closely to produce valuable in-depth analysis of maritime manpower trends. The industry can put this report to good use by ensuring we can continue to operate the world merchant fleet with sufficient numbers of qualified and competent seafarers.”

ICS Secretary General, Peter Hinchliffe commented: “Without continuing efforts to promote careers at sea and improve levels of recruitment and retention, the report suggests it cannot be guaranteed that there will be an abundant supply of seafarers in the future.”   

A summary of the key figures in the report can be downloaded free of charge from home pages of the BIMCO and ICS websites.

The full BIMCO/ICS Manpower Report can be purchased from Marisec Publications at http://bit.ly/27azcQf

About the Manpower Report

The Manpower Report from BIMCO and the International Chamber of Shipping (ICS) is the most comprehensive study of the shipping industry’s global workforce.  Published every five years since 1990, the latest report contains detailed data analysis to show how the maritime workforce has evolved since 2010. It also forecasts likely supply and demand over the next 5 and 10 years and suggests how this balance may change using various scenarios.

This new report includes data from 2010-2015 and, for the first time, analysis of qualitative data from maritime professionals who work at the ‘sharp end’. This includes seafarers’ unions, maritime education and training institutions and manning agents.

This major project was overseen by a Steering Committee of industry representatives chaired by Douglas Lang (Anglo Eastern), with the assistance of DM Consulting and Dalian Maritime University.

For further information, please contact:
ICS
Debra Massey – Elaborate Communications
Tel: +44 1296 682675
Email: dmassey@elabor8.co.uk

BIMCO
Leslea Petersen
Tel: +45 44 366811
Email: pr@bimco.org


2016-05-18

BIMCO

For more details, please contact
Gemma Wilkie, Communications Director at BIMCO on:
D: +45 4436 6836, M: +45 2442 9781
E-mail: pr@bimco.org


BIMCO (the Baltic and International Maritime Council) is the largest of the international shipping associations, with a membership drawn from a broad representation of stakeholders within the shipping industry, notably from the shipowning community, representing 640 million DWT or about 65% of merchant shipping.

With a total membership of approximately 2,600 individual members from 123 countries, composed of shipowners, shipbrokers and agents and other entities with an interest in or associated with the Maritime Industries, BIMCO is widely respected for its practical approach and its opinions and recommendations are regular and important elements in the international governmental organizations' process of creating international standards and guidelines for the shipping industry.

BIMCO is accredited as a Non-Governmental Organisation (NGO) and holds observers'status with several United Nations agencies involved with shipping industry matters, notably the International Maritime Organization and working closely together with maritime administrators in e.g. the European Community and the United States. In recognition of its position within the international shipping community, the US Coast Guard formed a partnership agreement with BIMCO to jointly address issues of regulatory compliance and maritime governance in an effort to find practical and workable solutions for shipowners plying US trade.

BIMCO is committed to promote fair and equitable international shipping policy and regulatory matters and seeks to continue to be the selected and trusted sparring partner and source of practical information by policymakers and other stakeholders.

www.bimco.org




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