Now almost 1.9 million seafarers work in the maritime industry, according to recent data from UNCTAD, with 45% of them being officers and 55% being ratings.

The top 5 countries with the most seafarers are the Philippines, Russia, China, India, Indonesia, and Ukraine – which between them account for 48.5%  of the world’s mariners.

Here’s a breakdown of how the situation has changed since the last UNCTAD data point in 2015:

You can find the UNCTAD data here: https://unctadstat.unctad.org/wds/TableViewer/tableView.aspx?ReportId=157422 

MarTrust is here to help all seafarers. MarTrust’s e-wallet and card solution ensures that seafarers can get their funds back to their families quickly and securely, with no annual fees and at reduced FX rates.

This can make a significant difference in improving crew welfare at a time of real challenge for seafarers.

Find out more here: https://www.martrust.com/

Read more about the Martracon vessel visit.

This story sourced, and data analysed, by Sreenath Sasikumar, Group Finance Director, Marcura