Is Marine Transportation A Good Career Path?

Published on: 15 September 2022 Last Updated on: 04 November 2024

If there is something that young adults worry about, then it is hands down their career and future. And speaking of that, there is one question that I have frequently come across in my life.

It goes something along the lines of “is marine transportation a good career path?”

If you are someone who is thinking about having a career in the marine industry, then this article is for you. Want to know more about marine transportation and whether Transportation is a good career path or not? If yes, then keep on reading this article till the end…

Overview Of The Industry

The maritime sector presents numerous prospects for advancement and is an exciting and fulfilling area of work. Although it has been a part of the economy for centuries, this sector has expanded significantly in the last several years. One of the biggest and fastest-growing segments of the world economy is the marine transportation sector in particular. This sector of the economy includes cargo ships, cruise ships, ferry services, and all other forms of maritime shipping and goods transportation.

It makes sense that so many people are interested in this exciting field. There is always something new to discover and learn in the maritime industry, given the growing demand for freight and marine travel services. Individuals who choose to work in this field should anticipate intellectual challenges as well as numerous opportunities for professional development.

Salary

For individuals who are enthusiastic about the sector, a career in maritime transportation can be very profitable. When making decisions about the future, it’s critical to take into account the potential salary of a given profession. Let’s examine a range of salaries for various job titles in the maritime logistics industry as of March 2023 to aid with this.

The Bureau of Labor Statistics (BLS) reports that in 2021, the median annual wage for workers in the marine transportation industry was $62,768. Pay varies according to job title and location. Salary levels for the most sought-after jobs are typically higher than those for less desirable positions. Many people can gradually increase their salary with training and experience.

It’s crucial to take into account a variety of factors, including travel opportunities and personal interests, in addition to the potential salary when deciding whether or not a career in marine transportation is right for you.

What Is Marine Transport?

Also known as maritime transportation, it is a job that refers to the transportation of cargo or passengers through sea routes. Currently, it is one of the major ways of transportation when it comes to transporting goods.

These goods can be anything. Some of the items that are transported through marine transportation are:

Oil
Spices
Medicines
Electronics
Beverages
Vehicles
Machines

It is undoubtedly one of the strongest sources of trading and transportation in the world when it comes to transporting heavy and bulky commodities. Moreover, it is still the backbone of the international economy and trading. So, if you are asking, “is marine transportation a good career path,” the answer to that is positive.

Skills: What Do You Need To Become A Part Of The Journey?

Even if a particular job exists, you cannot just be eligible for the role. You need to have certain skills to be a member of that industry. The field of marine transportation is no exception to that rule.

Here are the skills that you need to bag a job in marine transportation:

1. Communication Skills

I cannot stress this point enough. You must be able to communicate with the crew members while you are on board. That is because, in the field of marine transportation, people come from different backgrounds. This makes it necessary for everyone to interact with each other. Therefore, it not only facilitates brotherhood but also ensures smooth functioning.

2. Mechanical Skills

If you want to become successful in the field of marine transportation, it is important that you have knowledge about mechanical things. This skill will come in handy in times of need and urgency. That’s the reason why it is necessary for all crew members on the ship, irrespective of their posts and ranks, that they have mechanical skills.

3. Vision (Eyesight)

This is one of the most important things that you need to have is great eyesight. The fact that you are working in a shipping vessel, away from the land, makes it crucial for you to be able to see things afar. This is because you need to scout the horizon to notice the smallest changes.

Job Types: What Jobs Can You Find In Marine Transportation?

If you think that there is no variety in the field, then I would ask you to reconsider. There are a lot of jobs that you can find in the field of marine transportation. Some of them are as follows:

Marine Engineer
Port Engineer
Port Captain
Naval Architect
Deckhand Employee
Motor Man Employee
Foodservice
Oiler

There is much more to this list, but here are the basics.

Answering The Question, “Is Marine Transportation A Good Career Path?”

Now, coming to the pain questions. Is marine transportation a good career path?

The answer to that is YES, it is.

If you are someone who loves to travel overseas and likes to explore, then you are going to love this job. At the same time, the payment or the wage in the field of marine transportation is also not that bad.

The best paying jobs in the field of marine transportation are Vessel Captain, Marine Engineer, Naval Architect, Data Scientist, and Port Captain.

If you are someone who is looking for a high paying job, then this might be the key for you. This is because, according to reports, the average salary of a Vessel captain (the one who is in command of the ship) is nearly 100,000 dollars USD.

However, even if you want to settle for the role of a Port captain, you will still be able to have a comfortable life at home. The salary of the Post Captain is nearly 65,000 dollars USD on an average.

In simpler words, marine transportation is a great career path for people who are looking for a secure future, a steady and good source of income, and the opportunity to travel overseas and over seas (get the pun?)

Frequently Asked Questions (FAQs):

Now that you have almost read the end of the article, I really hope that most of your questions have already been answered and cleared. If, however, there is still some confusion left, I would advise you to read some of the questions that users frequently ask.

Q1. What Is Marine Transportation Management?

The task or job of being able to manage and shift the rules and policies of the marine industry, specifically the marine transportation industry, regarding safety and other important points is called marine transportation management.

Q2. Which Job Pays You The Highest?

There are many jobs at present that can provide a high salary. Some of them are:
1. Machine Learning.
2. Medical Professionals.
3. Data Scientists.

3. Is Marine Transportation A Risky Job?

Even though it is true that marine transportation is a job that pays you well and also gives you the opportunity to travel overseas, it is still a little risky. That is because any problem that occurs in and on the ship or vessel can be life threatening to the crew.

Bottom Line: Decide If You Want A Job In Marine Transportation!

Marine transportation is one of the most stable jobs that you can apply for. But, at the same time, if you are looking for the opportunity to travel while earning a sufficient amount as salary, then marine transportation is the career that you should choose.

In case you were looking for the answer to the question “is marine transportation a good career path,” I hope that you found this article to be of help. If there are any questions or doubts regarding the same, kindly write them down in the comment section below.

Till then, Stay safe!

Read Also:

best paying jobs in property-casualty insurers

Ankita Tripathy

Ankita Tripathy loves to write about food and the Hallyu Wave in particular. During her free time, she enjoys looking at the sky or reading books while sipping a cup of hot coffee. Her favourite niches are food, music, lifestyle, travel, and Korean Pop music and drama.

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Externship vs Internship: What Are The Major Differences?

Externship vs Internship – Often many beginners in the job market or students in universities confuse these two terms. Generally, both are short-term professional learning experiences. Moreover, both are professionally valuable for beginners. Hence, knowing the difference between the two is important. In this article, you will learn about the difference between an externship and an internship. Additionally, this article will also explain the benefits of each of these professional experiences. Moreover, you will also learn common myths that persist among students and beginners. Hence, to learn more, read on to the end of the article. Definition Of Externship In an externship, you have to perform job shadowing for a short time span. Basically, the focus here is to learn about a job profile by observing someone’s daily work routine. In general, people who go through externships (externs) are college/University students. However, the college might not choose to give credit to the student for an externship. Moreover, the length of an externship depends on the professional that the student is job-shadowing. In fact, it is the time that the professional can afford to offer to the learner. Basically, the program can last for a day or even eight weeks. Hence, a student can choose to perform multiple externships during a break period. Definition Of Internship An internship is a training program where the student/beginner learns while being on the job. Here, the intern works under an employer and learns by working on projects. Hence, an intern can have employee-like responsibilities. These include working on projects, organizing files, updating information, and more. Moreover, the learner can also earn college credits by working on internships. In some cases, the employer might also offer a small base salary to the learner. However, in other cases, an employer might not offer payments to the learner. For instance, if you are a student or a college grad, you can choose to complete an internship with a company during your school year. Moreover, if you have enough time, you can choose to complete multiple internships. However, you will need to inform your internship coordinator if you have a school semester to prepare for. Both externships and internships are helpful for college students to learn about different careers and job roles. Apart from that, in both cases, students can learn whether they want to pursue a career or not. Externship vs Internship: Key Differences The following are the major differences between an externship and an internship: Factor Externship Internship Compensation You might get no payment in an externship. This is because the work involves only observing a professional for a certain time period. Since you get to work with hands-on experience, you will receive compensation. However, in some cases, an employer might not offer compensation to an intern. Length An externship does not extend to more than eight weeks. In fact, in some cases, the externship can even end in a day. Basically, it depends on the amount of time that the professional you are observing can provide you. An internship requires at least two months and can extend to six months. In some cases, it can require more time. This is because you are learning with hands-on experience. Moreover, you will also find internships that align well with your University schedule. Course Credit Generally, students don’t receive course credits after an externship. This is because the length of an externship is short. In most cases, colleges/universities offer course credits for internships. Moreover, universities even encourage students to work as interns before they graduate. This is because students get good industry experience as they make progress. However, to ensure that your University recognizes your internship, you have to submit proof. Responsibilities In an externship, you do not need to complete any task. Also, there is no supervisor to give feedback on your work. In an internship, you will receive on-the-job training. Also, you have to contribute to the company’s workflow. Moreover, if your performance is good enough, the employer might provide you with a full-time opportunity after your graduation. Externship vs Internship: Major Benefits Here are the major benefits of an externship and an internship: Benefits Of An Externship One of the major benefits of an externship is that you will learn a lot about a particular job role. For instance, as a student, you will understand whether a given career is suitable for you or not. Moreover, if you are a professional, an externship will let you understand a career change better. Basically, with the help of an externship, you will have a good perspective on your career options. For example, if you are a business major and not sure about whether you want to join accounting or finance, you can do an externship in both. Moreover, you will also learn how to prepare for an interview or how to build a resume for the job role. Benefits Of An Internship The most important benefit of an internship is that you will have work experience before you become a full-time employee. In fact, it will be a competitive advantage while you are still in college or University. This is because employers always prefer someone with industry experience to a fresher candidate. Meanwhile, you will also learn the duties and responsibilities of different departments and responsibilities. This will help you a lot in your future jobs. Apart from that, while being an intern, you will get the chance to create a professional network. This will open up options for you after you graduate. Basically, if your internship has been a positive experience for you, you can transition easily to a permanent job. Additionally, if your performance was good enough during your internship, the employer can even consider offering you a permanent role. Externship vs Internship: Which One To Choose? Both externship and internship have their own benefits and opportunities. Hence, you must assess your situation and your future needs to choose the one that suits you the best. For instance, if you are unsure about whether to pursue a career or not, an externship might be the best option to choose. Here, you can check the daily work-life of a professional that you strive to be in the near future. On the other hand, if you are sure about your career path, you must look for an internship with an employer. This way, you will get practical work experience in a field. As a result, it will be easier to find a job after you complete your graduation. However, you will need to consider whether you have enough time to take on a full internship. How To Find Externships And Internships? To find a good externship or an internship, you can use your college’s resources and personal and social media connections. In fact, one of the best ways to find an internship or an externship is by completing your LinkedIn profile. This is one of the best platforms to create a professional network and look for job opportunities. Apart from that, you can also contact your college’s placement cell or talk to your academic counselor to offer some advice. Additionally, you will also learn about internship or externship opportunities through professional networking events. On the other hand, if you are confident enough, you can even try a head-on approach. For example, if you want to work for a particular company that you think can offer you a good opportunity, reach out directly to them. Ask them whether they have an internship or externship opportunity for you or not. Externship vs Internship: Common Myths A common myth of externships is that it does not help much in knowing about a job role. However, the fact is that if you choose the professional properly with the guidance of your academic mentor, you will have a great experience. Thereby, you will know whether a particular job is good for you or not. On the other hand, a big myth about internships is, “Interns mainly do beginner-level tasks…” However, the fact is interns do work on important and complex projects. This helps them gain industry experience early on. Another myth about internships is that only top-performing students get internships. However, the fact is that although internships are competitive, there are many places to look into. All you need is the right set of skills. Final Thoughts Externship vs Internship - Now you know the major differences between them. Basically, if you are unsure about whether to choose a career or not, an externship is helpful. On the other hand, if you want early industry experience, an internship is the way to go. Do you have more suggestions on how to look for externships and internships? Please share your ideas and opinions in the comments section below. Read Also: How Many Jobs Are Available in Consumer Services? Copywriting Jobs 101: Essential Steps To Become A Copywriter How Many Jobs Are Available In Real Estate Investment Trusts?

Let’s Make a Deal: Learn How to Become a Stockbroker

Many people don't have the time or energy to manage their own stock portfolios. Individuals and institutions alike outsource this job to a stockbroker. How to become a stockbroker will not be a matter of question if you follow the write-up in an effective manner. If you're interested in becoming a stockbroker, know that the competition is fierce. Many people leaving school are looking to become stockbrokers. Do you have what it takes to make your way in this career? Being a stockbroker isn't easy. You'll face long hours and need strong dedication. If you think you can do it, give it a shot. Continue reading below to find out how to become a stockbroker. Slay the competition and join the ranks. How To Become A Stockbroker? The world of finance is one filled with glamourized notions of wealth and excitement. If you're successful, this could be a reality. You should first think hard about this decision. This career isn't for everyone. Introverts and extroverts alike can find themselves with a successful finance career. You'll face challenges, as the process of becoming a stockbroker is intense and demanding. First, consider your skill set. A stockbroker spends many hours of the workday on the phone. You'll need to be able to communicate well with clients and other traders. Research is essential. You'll need an in-depth understanding of the stock market. You should be able to relay this information to your clients in a digestible fashion. Let's talk about education. How Required Education: Often, stockbrokers don't need to fulfill any specific education requirements. That doesn't mean, however, that you will get away without a college education. The competition is tight. A bachelor's degree is almost always necessary if you want to stand out. A master's degree would be better. This will show your prospective employers that you've acquired additional skills and abilities. You won't need to have a specific major, but a degree in finance or business will help. Think about degrees in accounting, business, economics, or finance. Search Internships: Many brokerage firms and investments banks offer internship programs. This will give you an opportunity to work in a finance environment. You'll have the opportunity to learn the ins and outs of the profession. You'll have a higher chance of getting hired once you graduate. Think of an internship as a sort of extended interview. Licensing: To work as a stockbroker, you'll need to obtain the necessary licensing. To obtain the licensing, you'll need to pass two exams. These are the Series 7 and Series 63 exams. These can be pricey but you can get a personal, business, or student loan for this purpose from NowLoan.co.uk or similar brokers. The Series 7 exam covers the trading of different types of securities. Series 63 focuses largely on state laws and regulations. You'll need to find a sponsor before you can sit for the exams. You'll probably need to get hired by a brokerage firm or investment bank before you take the exams. They should be registered with the Financial Industry Regulatory Committee (FINRA) or another similar authority. Some firms and banks may require additional certifications. You should ask about this during the hiring process. Certain licenses and certifications will increase your chances and earning potential. Other Considerations: Becoming a stockbroker is no easy task. Potential hires are subject to harsh scrutiny. Different ways you need to consider how to become a stockbroker. Background Checks: Brokerage firms and investment banks will run a background check to examine your criminal and financial history. If you have a history of serious legal trouble, you'll be thrown out of the hiring pool. If you have proven to be financially irresponsible, this will damage your chances. This means you shouldn't have any recent tax liens, repossessions, or bankruptcies. Remember, you're interested in a finance career. Your job will be to give advice to clients about managing their investment portfolio. If you can't handle your own finances, how can you be trusted to handle another's? Finding a Firm: Not all firms and investment banks are the same. Some are larger or smaller. Some work internationally. Find one that fits your desires and personality. New stockbrokers often find large firms to be intimidating. You'll be surrounded by people who know what they're doing. Smaller firms are good for those who want a more communal feel. These environments tend to be a bit warmer. They also tend to offer higher commission rates. The downside to a smaller firm is the size. The name is less-known. It may be more difficult to find potential clients. Some firms allow you to become a sub-broker. Sub-brokers act on behalf of a brokerage firm but are not a member of one. Kotak Securities Franchise is one such company. To do this, you must meet most of the same requirements as a regular stockbroker. Working on Commission: As a stockbroker, you'll get paid on commission. The client pays a commission on the trades you execute. It's up to you to build a clientele and gain confidence. The commission from each trade will get split between you and the firm. Your firm may offer you a higher or lower commission rate based on the number of trades you execute. If you execute more trades, you'll likely get a larger share of the commission. The firm has a vested interest in generating revenue. Many firms increase their share of the commission if they generate more revenue. This acts as an incentive and a means of generating more business. Dedication: Many new stockbrokers back out of the game. You'll need to demonstrate a strong work ethic and drive. The most successful stockbrokers are those who put in the hours and dedicate their soul to the profession. That's why you should be absolutely sure you want to become a stockbroker before you make the choice. Getting Started In Finance: The world of finance is somewhat enigmatic to the average citizen. If you're thinking about a finance career, you're probably already aware of some of the quirks. This guide is meant to give you an introduction to the basics of how to become a stockbroker. Take the time to think about the requirements and decide if this is a career for you. To find out more, check out our other finance-related topics. Read Also: Is Polyester Stretchy? – Its Materials & Properties [Detailed Explanation] Top 6 Different Types Of Scarves Names And Its Benefits How to Thicken Chili – Tried and Tested

8 Useful Tips for Personal Career Development

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Is Marine Transportation A Good Career Path?

Overview Of The Industry

Salary

What Is Marine Transport?