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Monday, 8 April 2019

Filipino Sailors send home over USD 6 Billion annually

Over 400,000 Filipino sailors serve on bulk carriers, container ships, oil, gas, chemical and other product tankers, general cargo ships, pure car carriers, cruise ships and tugboats around the world. They are renowned seamen and the preferred crew of the majority of ship owners internationally.

A fairly staggering statistic is the amount of money they send back home to family. They wired home a total of 6.14 billion U.S. dollars through via banks during 2018 which was a 4.5 percent increase from 5.87 billion U.S. dollars in 2017.

In January this year Filipino sailors sent home a total of 533 million U.S. dollars which was up 12.7 percent from 473 million U.S. dollars in January 2018.

The Philippines Government is supportive with training and certification standards for sailors so the job prospects of locally educated ship officers should remains strong.

Depth Offshore and Depth Logistics have wonderful Filipino people in our teams in both our Australian and Clark, Philippines offices. We understand why they are in demand.

All for now,

Brad Skelton


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