Fleet Shipping Company Rank wise salary structure in 2025
Fleet Shipping Company Rank wise salary structure: If you’re planning to join the merchant navy, salary is probably one of your biggest concerns. Fleet Management Limited, particularly its Bulk Division, is renowned among maritime employers for providing competitive compensation and consistent career advancement.
We’ll separate the Fleet Shipping Company’s pay scale for different positions on board their bulk carriers in this post. This guide provides a clear picture of what to expect in terms of monthly pay, regardless of your level of experience as a Chief Engineer or as a cadet just starting out.
Why Select a Fleet Shipping Company?
First it’s important to understand why Fleet is one of the most trusted names in international shipping:
- One of the largest independent ship management companies in the world
- operates a variety of vessel types, including bulk, tankers, and containers.
- provides dependable contracts and a secure workplace.
- Frequent crew change cycles and open compensation distribution.
- Ship operations that’s MLC compliant and ISO certified.
Fleet Shipping Company Rank wise salary structure, Overview
Here’s a detailed look at the post-wise salary structure for the bulk fleet officers and crew members at Fleet Shipping Company:
⚓ Master (Captain) & Chief Engineer
- Salary Range: Approx. $10,000 – $10,500 per month.
These are the highest ranking officers on the vessel. While the Chief Engineer looks after the engine room and machinery, the Master or Captain is in charge of the ship’s overall operation and safety. Their decision-making and leadership have a direct impact on the vessel’s performance.
Best For:
- Seafarers with over 15 years of experience.
- Excellent management and leadership abilities.
- A valid Class I Certificate of Competency (CoC).
Also Read: Maersk Line Salary Rank wise: Post-wise Pay for Seafarers
⚓ Chief Officer & 2nd Engineer
- Salary Range: Approx. $8,000 – $8,500 per month.
The Chief Officer is second-in-command on deck and supervises cargo operations, navigation planning, and safety. The Second Engineer is responsible for daily engine operations and assists the Chief Engineer.
- Best For:
- Officers with 6–10 years of experience
- Watchkeeping experience is essential
- Must hold a valid Class II CoC
Also Read: Best Marine Engineering Colleges in Tamil Nadu
⚓ 2nd Officer & 3rd Engineer
- Salary Range: Approx. $3,800 – $4,500 per month
Second Officer handles navigation, charts, and bridge equipment. Third Engineer is in charge of machinery like pumps, purifiers, and generators.
Ideal For:
- Officers with at least 1–3 years onboard.
- Preferably completed required sea time for promotion.
- Watchkeeping certificate is a must.
Also Read: Diploma in Nautical Science (DNS): All you need to know
⚓ 3rd Officer & 4th Engineer
- Salary Range: Approx. $2,800 – $3,400 per month
These junior officers provide vital support role While the Fourth Engineer handles machinery and helps seniors with daily maintenance, the Third Officer typically manages safety equipment, lifeboats, and daily navigational methods.
Best For:
- Freshly promoted officers.
- Excellent for gaining sea-time and learning practical skills.
- Fast-tracked for senior roles.
Also Read: B.Tech Marine Engineering: A Simple Guide
👨🎓 Cadets (Deck & Engine)
- Salary Range: Approx. $500 per month
These are the training officers on board. Deck Cadets assist the deck department while Engine Cadets support engine room operations. Though they earn the lowest, this is a crucial stepping stone toward becoming licensed officers.
Ideal For:
- Recent graduates of maritime colleges.
- Looking to complete required training sea-time.
- Eager to learn and gain real-world exposure.
Also Read: What is Graduate Marine Engineering (GME) Program?
Quick Recap of Fleet Bulk Salary Chart
| Rank | Salary (USD/month) |
|---|---|
| Master & Chief Engineer | $10,000 – $10,500 |
| Chief Officer & 2nd Eng | $8,000 – $8,500 |
| 2nd Officer & 3rd Eng | $3,800 – $4,500 |
| 3rd Officer & 4th Eng | $2,800 – $3,400 |
| Cadets (Deck & Engine) | $500 |
Final Thoughts
The Bulk division of Fleet Management provides excellent career candidates, competitive benefits, and a good pay structure. Fleet offers a reliable platform for developing your sea career, regardless of your level of experience or level of entry into the maritime industry.
Also Read: Exploring the Hidden & Unknown Facts About Merchant Navy
Frequently Asked Questions (FAQs)
1. Is salary paid monthly or at the end of the contract?
Most officers and crew receive monthly payments directly to their bank accounts.
2. Do cadets receive any bonus or incentives?
Not usually. However, they may receive performance-based feedback and early promotions upon assessment.
3. How long are the contracts in Fleet’s Bulk fleet?
Typically, 4–6 months for officers and 6–9 months for cadets.
4. Are these salaries tax-free?
Yes, if you qualify as an NRI under Indian tax laws (i.e., stay outside India for 183+ days a year), the income is tax-free.
5. Is there any difference in salary based on nationality?
Usually, Fleet maintains a standard pay scale, but slight variations may occur depending on experience or vessel type.
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