Highly sought after are lucrative pay packages in the Merchant Navy making it a favorite among fresh graduates. It is a well-known fact that working in the Merchant Navy has many advantages including good payment packages and opportunities for travel. There are various factors that determine the salaries of officers in this profession, including their ranks, experiences, positions, and the type of vessels they serve on. The whole process of global trade where commodities are imported or exported from one country to another involves transport by sea; an activity which therefore depends on The Merchant Navy. This paper will discuss various salaries and earnings potentials found within different ranks and positions in The Merchant Navy.
Shipping work is one of the most lucrative and adventurous fields for many individuals. The high salaries they earn are a true reflection of their experience, skills, and unique challenges they face on board ships. This write-up focuses on an depth analysis of the salary structure and other incentives earned from merchant navy careers.
Merchant Navy Salary and Job Profiles
The remuneration of Merchant Navy officers in India largely relies on factors such as the designation, level of expertise and the shipping enterprise. Salaries for starting positions are generally around 20,000 INR to about 50,000 INR per month attracting deck cadets or junior engineers this could also increase over time through chances of promotion into higher positions.
For the most accurate and up-to-date salary information, it’s best to consult specific shipping companies or industry sources. Monthly pay for captains can amount to up to 20 lakhs INR while the annual income of sailors with 5 to 10 years of service could be around 8 lakhs INRs; therefore understanding these salaries is very essential for anyone contemplating a career in Merchant Navy.
The Merchant Navy in India offers fascinating salaries depending on rank, experience, and type of vessel. The Merchant Navy is therefore a good option for an adventurous life or travels around the world since it pays well. In this article, we are going to look at the Merchant Navy salaries in India and for those who want to start a career at sea.
It is important to know that there are different academic pathways for aspiring candidates who want to join the Merchant Navy.
Merchant Navy Entrance Exams: Scoring good grades in probabilities like IMU CET, JEE Advanced, MERI Entrance Exams & TMI SAT are important for a Merchant Navy aspirant.
Sponsorship-Based Entry: Various maritime programs can be pursued through sponsorship from some of the well-known maritime institutes.
Lateral Entry (L.E.): Individuals with pertinent engineering degrees or diplomas in the maritime industry identified by the Directorate General Shipping, are admissible in their second year of study.
Merchant Navy Salary: After 12th
Candidates who want to pursue a career in the Merchant Navy can do so after completing high school by taking other courses that can lead to a good salary. This training includes vital duties such as watching over the environment, caring for the ship, and putting out fires among other equipment meant for life-saving.
For students looking to join the Merchant Navy after their 12th class exams, they must meet these eligibility criteria:
Achieve at least 60% in Physics, Chemistry, English, and Mathematics in CGPA.
Be aged between 17 years and 25 years at the course initiation date.
The Pre-Sea Nautical Diploma program aims to fill positions like Trainee Cadet or Deck Cadet.
Degree
Expected Salary (INR)
BSc Nautical Science
7 LPA
BTech Marine Engineering
7 LPA
BTech Naval Architecture and Offshore Engineering
5 LPA
BTech Harbour & Ocean Engineering
5 LPA
BBA Shipping
2.2 LPA
Electro-Technical Officer Course
14 LPA
Commercial Diving
9 LPA
MBA Shipping and Logistics Management
6 LPA
Merchant Navy Salary: After 10th
Eligible to enroll in the GP Rating course are those students who have done their class X board exams scoring a minimum of 45%. To apply for this CG Rating Candidates should fill out a registration form and then take a series of tests aimed at assessing their physical and mental fitness.
The GP Rating course lasts for 6 months; it is aimed at preparing cadets for Engine and Deck Rating jobs on ships. The minimum age requirement for applicants is 17 years while the maximum is 25 years.
After successfully completing the GP Rating training program candidates may be enlisted into either Engine or Deck crew on board ships. After gaining 36 months of experience working at sea they will sit for the 2nd Mate Examination which enables them to rise to the officer rank. Other promotions may be secured by passing additional oral and written examinations.
Merchant Navy candidates who have passed out class X Board Examination begin with an average monthly salary of INR 25000 to 30000 per month. The earnings might increase more depending on promotion in the service and also as a result of performance in exams.
