JONES ACT SALARY BENCHMARKING

The information in the JACS report is an aggregation of over 300,000 maritime professionals that have trusted us with their information confidentially.

Overview

In the maritime sector, wages for crewing positions exhibit a dynamic nature, fluctuating in response to a myriad of factors. The past 18 months were no exception. Across various vessel types, from bulk carriers to containerships and from tankers to drill ships, the remuneration structures for crew members are influenced by elements such as vessel size, operational complexity, global trade patterns, regulatory environments, and market supply-demand dynamics. The intricacy of theses interplaying determinants underscores the necessity for continuous monitoring and analysis.

Ensuring competitive and fair wage scales not only retains skilled maritime professionals but also reinforces the industry’s resilience and adaptability amidst ever-evolving global maritime economic landscapes.

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The Research

At Core Group Resources, We have cultivated a nuanced understanding of the prevailing wage landscape within the maritime sector. This insight has been meticulously amassed from confidential submission by an extensive network of maritime professionals coupled with the wage data from maritime companies and vessel owners. After a rigorous process of analysis and standardization, we are positioned to present an informed snapshot of the current wage trends in the market. This report epitomizes our enduring commitment to disseminating insightful and strategically valuable data to stock holders within the Maritime and Offshore industries.

Methodological Approach

For the construct of this report, we confined our purview to exclusively encompass Jones Act Crews and their corresponding vessels. This deliberate narrowing of scope was paramount to ensuring that our research imperatives remain manageable and, more critically, that the integrity and quality of our data remained uncompromised. While we have ambitious aspirations for the forthcoming research endeavors to incorporate all vessels bearing the US flag, the complexity and voluminous nature of the data associated with such an expansive survey necessitated the current limitations in our present report.

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Vessels:

  • Ship Assist & Harbor

  • Tug & Barge (Brown & Blue Water)

  • ATB

  • Lightering

  • Dredging

  • Tankers

  • Jones Container

  • Military Sealift Command

  • RORO

  • Project Cargo/Heavy Lift

  • DSV

  • Survey

  • CableLay

  • Subsea Construction/PipeLay

  • Offshore Supply.

    We also collected data on the following Offshore Drilling Vessel Types:

  • Jack-ups

  • Semisubmersibles

  • Drillship

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