Company-Wise Salary for Merchant Navy

There are a lot of well-known merchant navy businesses with headquarters in India, and they often recruit young graduates as well as those with more experience for a wide range of positions. Companies like ESSAR SHIPPING LTD, MERCATOR LTD, Anglo Eastern Shipping, ABG SHIPYARD, and many more are prominent in India’s merchant navy.

Below you can see the average wage for several shipping businesses operating in India.

Company Name

Average Salary (INR)

Essar Shipping Ltd

13 LPA

Fleet Management

10 LPA

Bharti Defence and Infrastructure Limited

12 LPA

The Shipping Corporation of India Ltd

7 LPA

Ocean Sparkle

24.55 LPA

Shipping Corporation of India

33 LPA

Indian Navy

40 LPA

Anglo-Eastern Ship Management

42 LPA

Merchant Navy Salary in India 2024: After 10th , 12th, 1st Officer & 2nd Officer Salary

Merchant Navy Salary in India 2024: Joining the Merchant Navy can open doors to exciting adventures throughout the globe and generous pay. A merchant naval officer’s pay, however, could change based on their rank, years of service, and the ship they served on. This article will examine the variables that influence the average income of Indian merchant navy officers.

Table of Content

  • Merchant Navy Salary in India for Freshers
  • Merchant Navy Salary in India for All Ranks
  • Merchant Navy Salary After 12th
  • Merchant Navy Officer Salary After 10th
  • Merchant Navy 2nd Officer Salary
  • Merchant Navy 3rd Officer Salary
  • Company-Wise Salary for Merchant Navy
  • Conclusion

We will also go into the ins and outs of a career in the merchant navy, including how to enhance your compensation.

Here are a few things that can change a merchant navy’s salary:

1. Rank: Officers in the merchant navy receive a salary according with their rank. Salary is directly proportional to rank.

2. Knowledge and Experience: Those officers in the merchant navy who have been around longer receive a higher salary.

3. Ship type: Oil tankers and container ships, among others, pay more to the officers who operate on them than other types of merchant ships.

4. Company: A merchant naval officer’s pay may also be affected by the company they work for. Different companies have different payment rates.

The rewards of a career in the merchant marine are substantial. Officers in the merchant navy get competitive pay and benefits packages that include international travel and cultural immersion. A career in the merchant marine has many advantages, but it also comes with its fair share of difficulties. Long hours and separation from loved ones are common experiences for officers in the merchant marine.

If you are seeking a demanding and satisfying profession with excellent earning potential, a merchant marine career is a fantastic choice.

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