The continent was named as one of the leaders in trade and maritime business
Trade in Asia has reportedly improved in 2020 with a 41 per cent share in throughput. The increased activity made the region a popular world trading hub. In terms of crew, the Philippines turned out to be the top supplier according to United Nations Conference on Trade and Development’s (UNCTAD) Review of Maritime Transport 2021.
Crew from Asia and beyond
According to UNCTAD’s Review of Maritime Transport 2021, the top 5 performing shipping countries were China, Hong Kong, Malaysia, Republic of Korea and Singapore. Despite the devastation of COVID-19, Asia remained the strongest crew supplier. UNCTAD’s report noted the Philippines topped the seafarer supplier chart for 2020, with an estimated 700,000 deployed on domestic or foreign-flagged seagoing vessels. Indonesia ranked third, followed by China and India. The only contender outside of Asia was Russia, which took the first runner-up spot. In spite of ups and downs, Filipino seafarers helped the country earned US$6.4 billion in 2020, a marginal drop of 2.8 per cent from US$6.5 billion in 2019.
Shipping and seafarers are vital to global supply chains and world economies, who facilitate the way we live. Crew have demonstrated exceptional professionalism and dedication to sustain world trade during the trying pandemic. While crew change remains a consistent challenge, many countries are doing what they can to make it possible through strict health protocols. Shipowners and manning agencies can assemble the best team with Crewing Online. It is the perfect gateway to untapped talent sources, and a melting pot of qualified maritime professionals worldwide looking to sign on.
Crewing Online News Team
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