The Maritime sector has always been a niche choice of profession when compared to the rest and it will continue to be so for various reasons. A virtually non-existent social life, long spans of being away from family and the physical and psychological demands make it a career not many want to delve into.
On the flipside, though, a Sea Farer gets an astonishing salary and a swanky uniform along with the tag of being an officer. The attractive perks are why there is still a considerable demand for maritime studies even though the masses can't truly see it on the surface level. The demand is easily overshadowed by the majority of the youth opting for mainstream courses in areas such as management, commerce, engineering and medicine.
Figures clearly show why India is right up there when it comes to contributing to the Merchant Navy industry globally. From India itself, around 14% Ratings and 12.8% Officers are pumped into the World Seafaring Community on a regular basis, which statistically ranks amongst the highest.
One of the drawbacks of the shipping industry is its fluctuating nature. The overall import and export industry, economic conditions, global oil prices, supply and demand chain directly affect the Merchant Navy business, so much so that there has been a slump in the last 5 years. Many Sea Farers are either getting laid off from their jobs or are not getting jobs at all due inconsistencies in the market.
However, the Government's earnest initiatives towards attracting foreign investments and mergers have improved the scene and the future looks absolutely bright for Merchant Navy.
Other streams of maritime studies that include Oceanography, Aqualogy, Naval Architecture and Ship Building are gaining steam too with many opting for research-heavy and technical courses. Many Government and private research organizations and institutions are looking out for young and gifted candidates and it is only bound to get better as years go by.