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The United Nations Conference on Trade and Development (UNCTAD) report showed that Asia is the largest seafarer-supplying region in the world. Asia expanded its lead in maritime trade and business as four of the top five countries supplying seafarers in 2021 were from the region. The Philippines topped the ranking.

Among the countries in Asia, the Philippines is the leading supplier of seafarers and officers. The Philippines remains the largest provider of seafarers and officers and had delivered $6.4 billion in income in 2020.

Indonesia placed third for ratings and fifth for officers. China was third for officers and fourth for ratings, while India ranked fourth for officers and fifth for ratings. The Russian Federation was the other country in the top five list. 'Seafarers are important sources of income for the supplying countries.

The Maritime Industry Authority (Marina) and the Philippine Ports Authority (PPA) were prompt in addressing the crew change crisis to help ensure that the global shipping trade will be unhampered and facilitate seafarers to get back to work. The Philippines also designated big ports as crew change hubs and also help seafarers who got sick of Covid-19. UNCTAD explained that urgent attention is required from the flag, port, and labor-supplying states, in collaboration with relevant international organizations to end this crisis.

'Asia's predominance in global maritime trade strengthened in 2020, as it maintained a 41% share of total goods loaded, increased its volume of goods discharged and remained the largest seafarer supply region in the world,' the report showed. It saw the resilience of the region's containerized trade and swift rebound in exports. 'Asia's container port throughput declined by a marginal 0.4% in 2020. The region maintained its position as the global hub for container traffic, with nearly two-thirds being handled at Asian container ports.'

Source: The Manila Times and - Nov 24, 2021

Posted on nov 24, 2021.

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