Page 7 - 2025 - Q2 - Minerva in Focus
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MINERVA IN FOCUS



        Agreement reached on new                                              for approval by the 355th session of ILO’s
                                                                              Governing Body, in November this year.
        global minimum wage for                                               The updated wage structure represents an
                                                                              increase of more than 6% and builds on
        seafarers                                                             the previous 3-year agreement concluded
                                                                              in September 2022, which set the minimum
                                                                              at US$673 as of 1 January 2025.
        #SeafarerWages                                                        The negotiations in Geneva took place
                                                                              against the backdrop of the escalation in
                                                                              global trade tensions. In their opening re-
        The International Labour Organisation (ILO)   tional Transport Workers’ Federation (ITF).  marks, both sides expressed concern about
        has concluded the latest round of minimum   Maritime transport remains the only in-  the current cloud of uncertainty and the pros-
        wage negotiations for able seafarers at a   dustry with a formally recognised glob-  pect of a potential full-scale trade war, which
        meeting of the Subcommittee on Wages of   al minimum wage, in place for seafarers   could divide the world and reshape global
        Seafarers of the Joint Maritime Commission   since 1958. ILO’s 2006 Maritime Labour   trade, with shipping caught in the cross-
        (JMC), held in Geneva on 14 and 15 April   Convention mandates that the minimum   hairs and therefore impacting the lives and
        2025.                              monthly basic wage for an able seafarer   livelihoods of the world’s nearly two million
        This critical bipartite dialogue brought together   be set periodically by the JMC.  seafarers. Seafarers must not be collateral
        shipowners and seafarers’ unions from around   Following the negotiations, a Resolution   victims of global economic conflict.
        the world, coordinated by the International   was adopted setting out the updated
        Chamber of Shipping (ICS) and the Interna-  minimum wage levels, to be submitted  Source: ICS

        New Best Management                                                   single, comprehensive publication with
                                                                              actionable insights and advice.  It focuses
        Practices for Maritime                                                on providing a threat and risk management
                                                                              process and provides signposts to direct
        Security launched                                                     users to the most up-to-date security intel-
                                                                              ligence and risk assessment information.
                                                                              Seafarers operating ships around the world
        #Safety                                                               encounter a range of maritime security
                                                                              threats.  Although these threats vary across
                                                                              regions and in their severity, they can have
        The Industry Associations of BIMCO, ICS,   Management Practices (BMP) for Maritime   a traumatic effect on seafarers who face
        IMCA, INTERCARGO, INTERTANKO &     Security (MS)”.                    unwarranted physical and mental harm. In
        OCIMF, supported by over forty maritime   As an interactive online publication, BMP   some cases, they are held as hostages and
        stakeholders, have released a consolidat-  Maritime Security consolidates previous-  subjected to violence and ill-treatment for
        ed and enhanced publication titled “Best   ly published regional publications into a   extended periods.
                                                                              To counter the threat, existing BMP guid-
                                                                              ance has greatly improved the industry’s
                                                                              ability to understand, detect, and deter
                                                                              maritime security threats in recent years,
                                                                              but the advice needs to keep pace with
                                                                              the rapidly evolving threat environment. In
                                                                              BMP Maritime Security, users can navigate
                                                                              easily to different sections and link directly
                                                                              to external sources. The publication also
                                                                              includes a significant section detailing
                                                                              global authorities and, importantly, ap-
                                                                              propriate contacts and tools for seafarer
                                                                              welfare support.
                                                                              Source: BIMCO








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