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Why is a merchant navy officer not rich enough even after they are highly paid?

Posted on August 29, 2022 by Author

Why is a merchant navy officer not rich enough even after they are highly paid?

Some seafarer/merchant officers assume they already have insurance provided by their employees, thus having no need for another. They end up either not having any kind of insurance or having a bad insurance.

Why salary is high in merchant navy?

The people in the Merchant navy get a chance to travel the world and explore new places. Most of the income earned by the seafarers is tax-free and hence, a lot of money is saved by the professionals. Also, the food and other costs are taken by the company itself so there is no cost of living in the sea.

Is merchant navy highly paid job?

The average Merchant Navy Salary is INR 99,732 per month. While the lowest Merchant Navy Salary Per Month ranges approximately from INR 71,497, the highest salary of a merchant navy can reach up to approximately INR 1,15,599. Mostly the salary is divided as per three main groups- Deck jobs, Engine jobs, and Logistics.

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Is tattoos allowed in merchant navy?

Merchant navy has no restrictions on tattoos and piercings. In fact sailors are the pioneers of nautical tattoo culture.

Which type of ship has highest salary?

If you want a career on board, I suggest going on with cruise or passenger ships. They have higher pay, nice travels, more people and good food. On top of that, they also earn bigger than other less exciting vessels.

What is the permanent salary of Merchant Navy?

The national average salary for a Merchant Navy is ₹1,02,285 in India.

Why do you want to join the Merchant Navy?

4.high salary: The reason whу people prefer tо join the merchant navy as a career path, bеѕіԁеs personal interest, bесаusе оf thе chance to earn its lucrative pay package and other perks with it. In this profession, your salary is much higher compared to any other type of job.

What is the salary for high salary in Merchant Navy?

High Salary or Low Salary is a relative term. The salary in Merchant Navy will put you somewhere in the Upper Middle Class and you won’t be a Multi Millionaire anyways. The salary for Different Ranks are stated below, these salaries are based on my experience in Gas and Chemical fleet. 3rd. Officer & 4th. Engineer — $ 2750/month 2nd. Officer & 3rd.

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What are the occupational hazards in Merchant Navy?

Merchant Navy field too has its own occupational hazards like accident in sea, piracy attacks, navigating in war-prone or conflict areas, disturbances in sea (like tsunami, hurricane, storm, tidal conditions) which would detest many people to join Merchant Navy despite high pay structure.

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