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07-06-2014 07:56 AM
Unregistered
Quote:
Originally Posted by tyz View Post
any idea about the increment in salary or bonus for shipping industry? which role would command the highest salary in the long run?
What types of shipping industry? There are container shipping, ship building, dry bulk, etc. if you are talking about container shipping, the industry is still experiencing from over capacity and depressing freight rate. limited growth opportunity in the near term (5yrs)... u can look at listed company like RCL, NOL, Singapore Shipping Corporation Ltd and see how hey have been performing to get an idea on whether the shipping line is still making huge profit... with lower profit or even loss, dun expect high increment or bonus, budget will be cut aggressively. btw I am wrking in finance in one of the biggest liner company in the world. If you ask me, network planning team/string owner seems better remunerated than other function. For me, annual increment is approximate 8%.
29-05-2014 11:18 PM
tyz any idea about the increment in salary or bonus for shipping industry? which role would command the highest salary in the long run?
15-05-2014 12:29 AM
livehighlivemightily Thanks for all the replies.

Correct me if I'm wrong but does Singapore have a different definition from the following?

SHIP'S HUSBAND, mar. law. An agent appointed by the owner of a ship, and invested with authority to make the requisite repairs, and attend to the management, equipment, and other concerns of the ship he is usually authorized to act as the general agent of the owners, in relation to the ship in her home port.
2. By virtue of his agency, he is authorized to direct all proper repairs, equipments and outfits of the ship; to hire the officers and crew; to enter into contracts for the freight or charter of the ship, if that is her usual employment; and to do all other acts necessary and proper to prepare and despatch her for and on her intended voyage. 1 Liverm. on Ag. 72, 73; Story on Ag. Sec. 35.


Does experience in ops roles not open some doors into the brokering line?

Why do you say so? And if so, what paves the way?
14-05-2014 01:50 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
if u want people to advise then u should just say what kind of role this is. title? job scope?

having experience in an ops role doesn't pave the way for u to become a broker like u mentioned.
if not how? join the company as junior broker?
14-05-2014 01:19 PM
Unregistered
Quote:
Originally Posted by livehighlivemightily View Post
Hi all~

Xiao Di here has been working in the retail sector for sometime while studying for my private degree. I loved my job but I didn't like the prospects. Know of colleagues that have worked for decades and still do not see themselves close to a 5 figure salary bracket.

Put a lot of thought in my career, did a lot of research into how a book dumb bum like me can succeed in life.

Finally decided to go into the shipping line. After all, it's recovering from a huge slump in 2009 and prospects are looking okay for the next few years. Xiao Di thinks that if I work smart, and hard, with luck, I may be able to make some in roads into the chartering/brokering trade.

Long story short, I secured a position as a, in my opinion, saikang warrior at a small local shipping firm/agent.

Job duties will likely be ship husbandry related.

Can any kind soul provide advice for Xiao Di to work on as he seeks a fresh start in an alien industry? Networking? Necessary knowledge? Things to look out for in letter of appointment?

Gamxia
if u want people to advise then u should just say what kind of role this is. title? job scope?

having experience in an ops role doesn't pave the way for u to become a broker like u mentioned.
14-05-2014 01:16 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
What is your appointment? Ship husbandry means cleaning jobs. Spray down deck, painting, de-rusting. Or are you a Chandler?
are u sure u know what is a chandler? chandling is mainly food and other small consumables supply to the ship.
13-05-2014 10:24 PM
Unregistered What is your appointment? Ship husbandry means cleaning jobs. Spray down deck, painting, de-rusting. Or are you a Chandler?
13-05-2014 05:32 PM
Unregistered up for comments
13-05-2014 01:43 PM
livehighlivemightily I am 25 this year...

Not old, but also not young anymore.

Told myself to stop drifting around life and make concrete steps forward.

Well, I guess my sales experience was relevant in a way to what was in store for me at the company. Basically, talking to and making everyone feel happy. Happy people = less problems = faster turnaround = lesser costs.

That's why I chose a local SME to build my foundation. I felt that there will be more room for learning and growth. It may not look pretty on my resume in future but this is the most feasible step for me to enter the industry.

Of course, as with SMEs, I may not get what I want. Promises may turn out empty. Pay will be peanuts compared to industry bigwigs. What's important is that with relevant operations experience, I put myself in a better position for any future job applications.

So, yeah!

Any advice to go along with my new foray will be greatly appreciated. I'm also thinking about taking courses and certifications in institution like ICS on my own expense. Will these provide a return or are they a waste of time?
13-05-2014 01:03 PM
Unregistered wah sound very mature, how old you?

no relevant experience they also hire meh
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