The minimum wage for seafarers worldwide has been raised from $648 to $673 following negotiations between shipowners and seafarers’ unions from across the world.
The International Labour Organization (ILO) held the latest round of negotiations with the International Transport Workers’ Federation (ITF) and the International Chamber of Shipping (ICS) coordinating the respective parties.
The meeting agreed to establish a new three-year deal for the minimum wage for able seafarers, with yearly increments of up to $673 on January 1, 2025:
- $658, January 1 2023
- $666, January 1 2024
- $673, January 1 2025
The global seafarer workforce is central to the safe and efficient flow of world trade, and they are among the unsung heroes of the pandemic. This new deal is a win-win for both shipowners and seafarers.
It strikes a balance between rewarding seafarers for their incredible contributions to the global economy and ensures, at the same time, that shipping companies are able to remain sustainable and commercially viable, in light of the many challenges we are currently facing and those that lie ahead.Official for the shipowners group, Charles Darr, Swiss Shipowners’ Association
Today’s agreement recognises the huge sacrifices and professionalism of the men and women working at sea and is a testament to the collective milestones the social partnership between seafarers and shipowners have historically achieved. Especially over the past few years.
We look forward to continuing to work together alongside our social partners to safeguard financial stability for the world’s seafarers.Spokesperson for the seafarers group, Mark Dickinson, Nautilus International