As we all know the merchant navy is one of the most sought after careers in the world mainly because of the lucrative salary it provides. It is a difficult career option to pursue, both physically and mentally, and that is probably the main reason people are paid well in this field. Now we all know that you are interested in knowing how much does one earns in merchant navy? To answer this question, we will ask you to first watch our video on all the ranks in merchant navy along with their duties. This will help you understand the salary structure better It is to note that the exact answer on how much a maritime professional will earn depends on several factors such as Also, generally a freshly promoted 2nd engineer will earn less than a 2nd engineer who has sailed for more than 2-3 ships. Many companies provide additional benefits to loyal seafarers. Hence, a 3rd engineer who has been with a particular company for a long time may earn more than a freshly recruited 3rd engineer having more experience As mentioned earlier, though Merchant Navy is famous for offering attractive salaries to professional, a lot differs from country to country and company to company To give a general overview of how much an average seafarer earns, we will consider average salaries of seafarers across various departments and ranks. Do note that the seafarers are usually hired on a contractual basis, i.e. they are not hired as a permanent employee and the company will pay the seafarer on a monthly basis till the contract is over. Hence, the salary details provided in this video are on a monthly basis and not yearly. Also, the salary range will vary depending upon the nationality of the seafarer. For e.g. the person residing in an Asian Country will usually have a lesser salary as compared to that in most of the european countries. If you are joining a company which owns the ship, you maybe able to negotiate a higher salary when compared to a ship management company as the owner allots budget for the whole ship operation to the management company, including the salary of the crew, and the management company has to run the ship in the provided budget Following is the average range of salaries in USD ($) for those seafarers who have freshly joined the position: Average Salaries for Asian/ European or US Seafarers for Dry ships which includes container, bulk carrier, and roro ships are as follows Average Salaries for Asian/ European/ and US Seafarers for tanker ships which include oil, Chemical, and LNG carrier are as follows The salary of an Ordinary Seaman, wiper, Able Seaman catering department is almost similar to a dry ship. The Seafarer sailing in gas carrier ships Will have salary range on the higher side Please do note that the salary range will further go down if the company provides round the year wages i.e. both when onboard and when on land.