Latest Salary in merchant navy are mentioned here. Merchant Navy, also called as commercial navy has always been a reason of fascination among people. Especially young person after passing their school looks towards this profession. The utmost reason that drags them towards this way is money and also, chance to visit all around the globe. Since, people working in it are sort of global citizen; they are prone to experiences from different nationalities which is itself a good exposure.
All though the starting salaries have reduced a lot in this field as the market condition are not so good as they used to be in earlier times. Also companies firing lot of people in the junior positions. But then the ranks are still there and after getting enough experience you draw there salaries. There are various famous questions that we come across while discussing about merchant navy like:
1) Salary in merchant navy as engineer?
2) Salary in merchant navy after 12th?
3) Salary in merchant navy as deck officer? Etc………..
Well questions are lot, but all of them have same answer. So we thought why not dedicate one of the article towards this most common, yet fascinating questions that always come in to minds of newbie’s, who are looking towards making a career in this field. In order to make our discussion a little bit easier, we will discuss the salary packages of officers and ratings separately.
As by now you must be aware about the fact that, Deck officer are the one who handles the navigation of ship. If you want to know more about this, read this article: Deck or Engine-Which side to choose in Merchant Navy
So, the general hierarchy of rank in this department is like this:
Chief Officer or Chief Mate
3rd Officer or 3rd Mate
Now let’s see their salary as how much they draw every month.
3rd officer being the starting rank for this department, gets around 2300-3500$, varying as per type of ship, nationality and company. 2nd officer gets, around 3500-4500$, as per experience and other factors. Chief Mate gets in between, 6500$-8000$. Again as per the other factors involved like experiences etc.
Captain or master gets a salary package in between 9000$-14000$ as per experience. Merchant Navy Salary depends on various factors as we have told in each section and also in the last section we have discussed the factors that influence the salary in merchant navy
Well these are the guys that are operating the machinery on board. Here is the flow chart for the rank in this department:
4th engineer or Junior Engineer: Know more
A 4th engineer may get a salary in between 2300$-3600$, as per the above mentioned factors. 3rd Engineer can get in between, 3800$-4600$. 2nd engineer get salary of around 6000$-8000$
Electrical Engineer or ETO is also there in some ships, and can get salary package between 4000$-5000$ per month. He or She take care the electrical equipment onboard. Due to advancement in ships, lots of electrical equipment is being used, so a career in this direction is also a good one.
Chief Engineer gets Salary between 9000$ to 12000$. Chief Engineer salary is little bit less than captain, if both have same experience. So, this was all about salary packages that you get when you are officer onboard. One reason that makes these pay scales very good is that, seaman’s remains outside their country for some time and thus they are not entitled to the tax in their country. Also, the conversion rate of dollar in each country is different, so that in turn also changes the salary packages. Although salaries are always given in dollars, but there are some shipping company who give salaries in Pounds or Euros.
Note: All ranks mentioned here can get more salary, if they have done more contracts on these ranks and are more experienced.
For Deck Department:
Able Seaman- 1100$-1400$
Ordinary Seamen- 800$-1100$
For Engine Department:
Pump man salary is around 1000$-1800$
Motorman Salary is around 1200$-1500$
Oiler salary is 800$-1200$
Fitter Salary is 1000$-1200$
Repairman Salary is around 900$ to 1200$.
Note: For ratings, salary also includes the overtime they do in one month. Every company has different policies for it.
Read about: How you can join merchant navy as ratings.
Well these are following factors that decide your salary in merchant navy:
Type of Ships: LNG, LPG carriers have high wages because of the fact that, the cargo carried is dangerous. Oil tankers come next in salary and after that container, bulk and other types of vessel.
Experience: For example, a new promoted Captain may have less salary as compared to an experienced chief mate.
Nationality: Company also decides wages of their employees as per the country. This being as per the per capita income of the people of that country and also the expenditure index as well. Usually European officers and ratings gets more salary considering the higher per capita and expenditure index there.
So you can see, merchant navy salary is better.
So this was all from this article. Hope you enjoyed reading it. If you have suggestion to put on, then please leave below in comment box.