Charting new waters: Philippine seafarers drive economic growth

Charting new waters: Philippine seafarers drive economic growth
Judith Albano June 30, 2025 https://malaya.com.ph/weekly-features/special-features/charting-new-wate...

Filipino seafarers contribute far more to the economy than the billions they send home each year. A landmark study launched Tuesday aims to quantify their true impact and strengthen the Philippines’ dominance in global maritime markets.

The Maritime Industry Authority (MARINA) signed an agreement with industry stakeholders to conduct the “Overseas Seafarers’ Industry Profile, Structure, and Impact on the Philippine Economy” study—research that could reshape how the country positions its maritime workforce.

Capturing hidden contributions

“We often recognize their role through remittances, but there is much more beyond that—especially the multiplier effect on the economy and communities,” said MARINA Administrator Sonia B. Malaluan during the signing ceremony.

While seafarers contribute significantly to the $36.14 billion in overseas worker remittances, their full economic impact—from local business creation to maritime industry development—remains unmeasured.

Aiming higher in global markets

The Philippines supplies 25% of the world’s seafarers, the largest share globally. But Administrator Malaluan wants more: “My goal is not just to retain our position as the largest supplier globally, but to increase our share, especially in officer deployment.”

Officer positions offer significantly higher salaries and are increasingly in demand as the shipping industry faces a projected shortage of qualified maritime officers. The study will identify barriers to officer advancement and recommend strategies for positioning more Filipinos in these higher-value roles.

Strategic partnership

The agreement unites MARINA, the Association of Licensed Manning Agencies, the Department of Migrant Workers, seafarers’ union AMOSUP, and the Center for Research and Communication Foundation.

Each partner contributes data including certification records, deployment trends, and industry insights to create the most comprehensive picture of the seafaring sector to date.

Future-ready policies

The shipping industry is rapidly changing due to technology and environmental regulations. The study will examine how these shifts affect Filipino seafarers and recommend policies for education, training, and certification programs.

“The study is vital for crafting sound, future-proof policies,” Administrator Malaluan emphasized. Research will also examine how seafarer earnings multiply through local economies, particularly in coastal communities.

With international projections showing a looming officer shortage, this research positions the Philippines to capitalize on emerging opportunities while maintaining maritime workforce leadership. Findings will guide decisions on education investments and industry partnerships to maximize returns from this crucial economic sector.