Shortage of over 60,000 officers by 2015
“The gap between supply and demand for officers could reach as high as 11% by 2015, equivalent to a shortage of over 60,000 officers worldwide, causing severe problems for the industry as economic conditions improve.
The latest BIMCO/International Shipping Federation Manpower 2010 update shows that supply and demand for ratings is more or less in balance. But it confirms widespread perceptions that there are still some shortages of officers, particularly for certain ranks and ship types, especially tankers and offshore support vessels.
On a positive note it found that, despite the recent difficult trading conditions, training of new entrants has mostly been maintained or increased since the last survey in 2005.”
Source: Bimco/ISF