Your global recruitment partner. The world s leading Maritime and Offshore recruiter.

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1 Your global recruitment partner The world s leading Maritime and Offshore recruiter.

2 Global people specialist

3 Who are we? It s our business to know every inch of the market you re operating in, always. We re the world s leading Maritime and Offshore recruitment organisation. Established in 1999 the Faststream Group employs over 100 staff across offices in Europe, North America and Asia. We provide specialist recruitment solutions to niche vertical markets and our skilled, consultative and technically minded team are committed to the highest standards of client and candidate care. Faststream partners with many of the world s leading employers across a range of specialist and technical disciplines in the Maritime and Offshore sphere. We source and supply hard-to-find candidates across the globe on a permanent, contract, interim and project basis. Our specialist areas of recruitment are not limited to, but include: Ship Management Consultancies & Class OEM s Commercial Shipping Legal / P&I Marine Skilled Trades Professional / Corporate Services Naval Defence Offshore Crewing / Seafaring New Build Site Teams

4 1,500 placements in 12 months.

5 Our services Why Faststream? We offer a selection of market leading recruitment models which are designed to reflect the requirements of our clients. The services we offer are proven to deliver success and reflects our position as the world s leading Maritime and Offshore recruitment company. We have specialists who can discuss in detail each of our recruitment models and how they can apply to your recruitment strategy. Specialist recruitment We offer contract, permanent and interim recruitment services on a contingency or retained basis. Executive Search Our search and selection team are specialists in sourcing hard-to-find leadership and business critical talent. Recruitment Process Outsourcing We manage the entire hiring process from marketing and job profiling through to training and on-boarding. Crew staffing A new era of crewing by providing a specialist service that traditional crewing agencies can t offer. Global Site Teams Our full service model providing organisations with site teams on an international basis. International Contract Solutions We offer a bespoke service covering tax, payroll, insurance, contractor management, accommodation and transport, travel and visas.

6 Value added Adding value to our clients organisations and creating stronger partnerships, always. Through our specialist teams, media connections and unrivalled access to candidates through our own networks we can provide you with the very best talent in the market globally. We invest heavily in the Faststream brand so that we can reach candidates that can t be found anywhere else. We regularly deliver the latest employment reviews, salary surveys and market insight to our clients and we re trusted by industry media to talk about the latest recruitment trends. We can provide access to niche advertising channels in the industry and advise on your own employer brand. Working with us gives you access to more talent. 380,000 unique candidates are registered on our database and we have a social media following of over 200,000 individuals. We attract over 1 million candidates to our website each year. No other recruitment company in this space can say that. These are the people that can t be found on a job board. Mark Charman Group CEO

7 In the press We are thought leaders of the industry and showcase this through regular publications, surveys and news which we release to marketplace. Benefits. By company type The charts below should help to challenge the myth that benefits offered by shipowners are much better than those offered by third party ship managers. In recent years ship managers have offered their employees packages which increasingly reflect those on offer in-house as they seek to retain the best talent in the market in order to keep the business of the owner clients. However, shipowners do have the edge over ship managers when it comes to lifestyle benefits such as paid lunch, gym membership or optional holiday credits. Many shipping companies have a strong tradition of treating their staff more as a member of the family and attract very strong staff loyalty. We can see that class and flag surveyors are able to make up for their lower base salaries through overtime as well as good pension packages. A typical surveyor might expect to achieve an extra 30% salary through working overtime. Cargo owners offer their staff the most generous packages, reflecting the fact that most of their staff will be commercial revenue generators rather than technical people. Top benefits (shorebased) by company type: Percentage % Survey The results of this survey are based on responses from shipping professionals working in every global shipping centre and from seafarers worldwide. It takes in all the world s major merchant trades, as well as offshore, cruise, superyachts, tugs and other niche sectors. The survey was sent out in April 2012 and received 4,000 responses from shipping industry workers globally. Owner / Operator Class / Flag Consultancy Cargo owner 3rd party Car allowance Private health Response Travel allowance Paid overtime Pension Life insurance Bonus Seagoing (vessels worked on): Shorebased (market area): Workboat Workboat Tanker Tanker Passenger Passenger Salaries at sea. Vessel type Other Dry cargo Cellular Other Dry cargo Cellular TANKER Job Title Salary Last Year Salary This Year % Change Master Mariner $112,738 $115, % Chief Engineer $102,391 $112, % Chief Officer $94,673 $100, % Second Engineer $71,036 $74, % DRY Job Title Salary Last Year Salary This Year % Change Master Mariner $95,351 $110, % Chief Engineer $84,760 $98, % Chief Officer $64,910 $82, % Second Engineer $65,123 $75, % OFFSHORE Job Title Salary Last Year Salary This Year % Change Master Mariner $119,823 $128,247 +7% Chief Engineer $109,557 $114, % Chief Officer $83,584 $87, % Second Engineer $52,987 $55,632 +5% The data we present here shows some interesting insights into the transition from sea to shore, the variety of packages available to employees and the range of salaries across the industry. The findings are designed to be useful to both employees and employers. We hope that employees, particularly seafarers, will be able to gain a clearer picture of the many career opportunities open to them once ashore and the salaries which they can expect to achieve. All too often transiting to the shore-side sector is seen as something which only the most senior officers can do, but people with five to ten years seafaring experience are most certainly in demand. At the same time, we hope that employers can use this data to help inform them about hiring decisions and internal pay reviews. Job Title Salary Last Year Salary This Year % Change Master Mariner $124,864 $153, % Chief Engineer $91,978 $103, % Chief Officer $65,883 $67,908 +3% Second Engineer $73,199 $66, % NOTE: ALL SALARIES WITHIN THIS DOCUMENT ARE DISPLAYED IN USD$. EXCHANGE RATES HAVE BEEN CALCULATED AS FOLLOWS: USD$1 = EUR 0.63 / GBP 0.77 / NOK 5.99 / SGD 1.27 / IDR / CHF 0.94

8 Contact us United Kingdom Tel: +44 (0) Singapore Tel: Houston (USA) Tel: