 Characteristics of Labor Supply in ShippingCornel Grigorut (), Filip Nistor () and Catalin Popa Ovidius University Annals, Economic Sciences Series, 2013, vol. XIII, issue 1, 29-32 Abstract: With critical phase overcoming the economic crisis of 2008, maritime trade is back on the rise, materializing a favorable labor market in shipping. Worldwide, the study by BIMCO (Baltic and International Maritime Council) shows that in the year 2010, the supply of seafarers now provides a total of 624,062 officers and 747,000 of ratings. Considering an annual growth of global fleet by 2.3%, a prediction was made of the number of seafarers in the world for 2015 showing that compared with 2010, supply will rise by 6%. Knowing that labor market in the shipping market is open and highly competitive and has some features that surround other areas is very important to analyze the factors influencing labor supply in shipping sector. This paper are trying to present some characteristics of labor supply which should take into account all stakeholders in the business of shipping. Keywords: supply; seafarer; labor market (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xii:y:2012:i:1:p:29-32 Access Statistics for this article Ovidius University Annals, Economic Sciences Series is currently edited by Spatariu Cerasela More articles in Ovidius University Annals, Economic Sciences Series from Ovidius University of Constantza, Faculty of Economic Sciences Contact information at EDIRC. |
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