There are plenty of good reasons to start career in Shipping Industry. In this blog, we take a look at some of the pros and cons or advantages and disadvantages of working in Shipping Industry and also have a look about what it’s really to work in Shipping Industry.
Before you start a career in Shipping Industry, understanding about pros and cons can really help you and helps you make a more strategic decision regarding your future career. In this article, we explain the role of Shipping Industry and list of the advantages and disadvantages of working in Shipping Industry.
What is a Shipping Industry?
The shipping industry is the sector of the economy that is responsible for the transportation of goods and cargo by ships.
This includes the construction, operation, and maintenance of ships and related equipment, as well as the organization and management of shipping routes and ports.
The shipping industry plays a critical role in global trade, as it allows for the efficient movement of goods between countries and regions.
What Does Shipping Industry Do-Shipping Industry Roles and Responsibilities
The shipping industry encompasses a wide range of roles and responsibilities, depending on the specific area of the industry in which an individual or organization operates. Some common roles and responsibilities include:
Shipbuilders: Design and construct ships, including commercial vessels, naval ships, and offshore structures. They also repair and maintain ships.
Ship operators: Manage and operate ships, including scheduling voyages, loading and unloading cargo, and ensuring that ships are safely navigated and comply with all relevant regulations.
Port and terminal operators: Manage and operate ports, terminals, and other infrastructure that is used to load and unload ships. This includes coordinating the movement of cargo, managing traffic in and out of the port, and ensuring the safety of workers and the public.
Logistics providers: Plan and coordinate shipping routes, manage cargo and freight, and ensure that goods are delivered on time and in good condition.
Shipping service providers: Offer a range of services that support the shipping industry, such as marine insurance, ship brokerage, and freight forwarding.
Shipping regulators: Develop and enforce laws and regulations that govern the shipping industry, including safety, environmental, and security standards.
Marine surveyors: Responsible for inspecting ships, cargo, and equipment to ensure they comply with international safety and environmental regulations.
Seafarers: Crew members who operate and navigate ships and are responsible for the safe and efficient operation of the vessel.
All of these roles and responsibilities are important in ensuring the safe, efficient, and compliant operation of the shipping industry.
World’s Top Biggest Shipping Industry Companies
The shipping industry is a global business and there are many companies operating in this field. Some of the biggest shipping companies in the world include:
- Maersk: A Danish company that is considered the largest container ship and supply vessel operator in the world.
- Mediterranean Shipping Company (MSC): A Swiss-based company that is one of the largest container shipping companies in the world.
- COSCO Shipping: A Chinese state-owned enterprise and one of the largest shipping companies in the world, with a fleet of over 1,000 vessels.
- China Merchants Group: A Chinese state-owned enterprise engaged in shipping, logistics, and other related businesses.
- Hapag-Lloyd: A German company that is one of the world’s leading liner shipping companies.
- Evergreen Marine: A Taiwanese company that operates a fleet of container ships and is one of the world’s largest shipping companies.
- Yang Ming Marine Transport: A Taiwanese company that operates a fleet of container ships and is one of the world’s largest shipping companies.
- AP Moller-Maersk: Danish company that operates in multiple business segments including terminal, towage and salvage, shipping, and oil and gas.
These companies are considered the biggest players in the shipping industry, but there are many other companies of all sizes operating in the industry worldwide.
Advantages and Disadvantages of Working in Shipping Industry Jobs?
Like everything, working in Shipping Industry have some positives and negatives. You can make an informed decision once you go through the possible pros and cons of an Shipping Industry job.
Advantages of Working in Shipping Industry
Just like any other job, there are plenty of benefits of working in Shipping Industry. Some of the main advantages of choosing a career in Shipping Industry are:
1. International opportunities
The shipping industry is a global business, and working in this field can provide opportunities to work in different countries and interact with people from diverse cultures.
2. Career advancement
The shipping industry is constantly evolving, and there are many opportunities for employees to advance their careers through education and training programs.
3. Good pay and benefits
Many jobs in the shipping industry offer competitive pay and benefits, including health insurance, retirement plans, and paid vacation time.
4. Job security
Despite the fluctuations in the global economy, the demand for shipping services is relatively stable, which can provide job security for employees in the industry.
5. Variety of roles
The shipping industry is diverse, and there are many different roles available, from maritime operations and logistics to shipbuilding and engineering.
6. Environmental awareness
The shipping industry is under pressure to reduce its environmental footprint, this allows employees to be part of an industry that is working towards becoming more sustainable.
7. Contribution to global trade
The shipping industry plays a critical role in global trade, by working in this industry you will be directly contributing to the movement of goods and products around the world.
Disadvantages of Working in Shipping Industry
Just like any other Industry, Shipping Industry jobs also have few drawbacks some of the potential disadvantages of drawbacks of working in Shipping Industry are:
1. Long periods of time away from home
Many jobs in the shipping industry require employees to spend extended periods of time away from home, including weeks or months at sea.
2. Risk of injury
Working on ships can be dangerous, and there is a risk of injury from accidents or equipment failure.
3. Risk of exposure to harsh environments
Many ships operate in extreme weather conditions and harsh environments, which can be physically and mentally challenging for employees.
4. Limited opportunities for social life
Life on board a ship can be isolated, with limited opportunities for socializing or maintaining relationships with friends and family.
5. Limited opportunities for career advancement
Certain roles in the shipping industry, such as seafaring, may not have as many opportunities for career advancement as other industries.
6. Limited access to healthcare
Access to healthcare can be limited when working on ships, especially when working in remote locations.
7. Risk of piracy
Shipping routes in certain areas of the world may be at risk of piracy, which can be a concern for the safety of employees.
8. Environmental hazards
Shipping industry contributes to air pollution and noise pollution, this can be detrimental to the health of the employees and the environmen
Conclusion
In this areticle we disscussed about Advantages and Disadvantages or Pro and Cons of Shipping Industry Jobs. Just like any other Industry, Shipping Industry jobs also have few benefits and drawbacks. if you want to pursue career in this flield then understanding about that can really help you. I hope you enjoyed this artile..Thank
