Duration 10:50

Merchant Navy Salary Seafarersalary shipsalary merchantnavy

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Published 12 Sep 2019

Merchant Navy Salary has no parallel as merchant navy is a financially rewarding industry. The pay, commensurate with the rank, experience, type of ship and nationality, is of an international standard and comes tax-free in many countries. For e.g., In India, a seafarer’s income is tax-free if his source of income is foreign and he has been out of the country for a total of more than 182 days. However, the seafarer salary of particular rank will differ as per the nationality. This video shows what is the average salary earned on ship by Asian, European and US region seafarer. The type of ship is an important factor as the salary associated with it depends on the risks pertaining to the ship and her cargo. Watch this video to understand the merchant navy salary structure in detail. Stay connected with us! ► Subscribe to Marine Insight: http://bit.ly/2GUF1eM ► Like us on Facebook: https://www.facebook.com/marineinsight/ ► Follow us on Twitter: https://twitter.com/marineinsight ► Follow us on Instagram: https://www.instagram.com/marine_insight/ ► DOWNLOAD eBOOKS FOR SEAFARERS: https://learn.marineinsight.com/

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