Maritime Labour Market Dynamics (MLMD) and Futuristic Approach in Developing Skilled Global Maritime Labour (SGML)

ABSTRACT

Oceans are very vital for humans because holding 97% of water, 70% of the oxygen we breathe, ecosystem, food, energy, trade and leisure. The globalized maritime industry with more than 74,000 merchant ships transporting 90% of the world's cargo with around 1.89 million seafarers. The world will be experiencing a few megatrends demanding high skilled workforce. Sustainable development is impossible without upskilled force. LMD is always changing, attributable to demand and supply, matching efficiency, innovations, high-tech systems, education level, productivity, unemployment etc. Maritime labour market data shows a decline in job offers. Supply and demand affected during recent times due to Covid -19 pandemic and the Russian/Ukraine conflict. This paper highlights MLMD and SGML and suggests a futuristic approach for remodeling maritime labour skills. A survey through IAMU member universities will present a very clear picture of the issue. Paper suggests approaching IMO/IAMU to introduce MLMS Course in collaboration with the ILO and other maritime stakeholders. It also suggests IAMU Maritime Skilled Labour Data Program (MSLDP), IAMU Maritime Labour Market Data Program (MLMDP), and IAMU Maritime Skilled Labour Standards (MSLS) according to maritime industry requirements. © 2022 IAMUC. All Rights Reserved.