Ungated Post | 26 Jan 2017

UK Seafarer Projections

This report estimates the demand and supply for seafarers over the next ten years. It then compares the demand and supply forecasts  to estimate the ‘gap’ between supply and demand for officers and ratings at sea as well as former seafarers employed in roles onshore. This gap is  known as the ‘excess demand’ which exists where the industry’s requirement for seafarers is greater than the number of seafarers available to fill such roles. Where the supply of seafarers exceeds industry’s demand for such seafarers there is ‘excess supply’. 

We identify a shortage (or ‘excess demand’) of around 3,000 to 4,000 deck and engine officers in most years of our forecast period. Excess demand for deck and engine ratings is estimated to increase throughout the forecast period to reach a shortage of around 2,000 by 2026. If we instead assume that the supply of non-UK seafarers continues to grow in line with historic rates, then excess demand is eliminated.

Click here to read the full report.

Oxford Economics’ team is expert at applying advanced economic tools that provide valuable insights into today’s most pressing business, financial, and policy issues.

To find out more about our capabilities, contact:

Americas
Diantha Redd
+1 (646) 503 3052
Email

Asia Pacific
Peter Suomi
+65 6850 0110
Email

EMEA
Aoife Pearson
+44 (0)203 910 8054
Email

Related Services

Post

De l’opportunité à l’impact – Évaluer les avantages économiques, sociétaux et culturels de YouTube en Belgique

Cette étude évalue la contribution de YouTube au PIB belge et au taux d’emploi en Belgique, ainsi que son impact plus large sur la société et la culture.

Find Out More

Post

Van mogelijkheden naar impact – Beoordeling van de economische, maatschappelijke en culturele voordelen van YouTube in België

Deze studie beoordeelt de bijdrage van YouTube aan het BBP en de tewerkstelling in België alsook de bredere impact op de maatschappij en cultuur.

Find Out More

Post

From opportunity to impact – Assessing the economic, societal, and cultural benefits of YouTube in Belgium

This study assesses YouTube's contribution to GDP and employment in Belgium, and its broader impact on society and culture.

Find Out More