Marine Industries Global Market Analysis - Marine Institute
Marine Industries Global Market Analysis - Marine Institute
Marine Industries Global Market Analysis - Marine Institute
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
122 MARINE INDUSTRIES GLOBAL MARKET ANALYSIS<br />
Figure 24.1: Education & Training –<br />
World <strong>Market</strong><br />
Seafarer training typically costs $5–20K and officer $40K. Refresher and ongoing<br />
training, such as fire-fighting or sea survival, are an additional training cost.<br />
We estimate over 2005–9 a total of 177,000 personnel will need training.<br />
Offshore workers undergo safety training on a four year cycle.With an estimated<br />
80,000 workers worldwide, some 20,000 are trained per annum. Safety training facilities<br />
are established in most of the world’s significant offshore oil & gas operating areas.<br />
Safety training has been provided by the industry for many years, with the highest<br />
standards emanating from the North Sea due to a more demanding offshore<br />
environment than the Gulf of Mexico (from where the offshore industry originated)<br />
and its extensive use of helicopters for crew transfers.The need for even higher<br />
standards of safety and training was bought into focus following the Piper Alpha tragedy.<br />
Source: Douglas–Westwood<br />
In addition to normal fire and first aid training, helicopter evacuation training<br />
has long been a requirement for North Sea workers and is conducted in<br />
specially equipped tanks.The introduction of free-fall lifeboats also introduced<br />
another requirement.<br />
North Sea service providers, mainly based in the UK and Norway, have also<br />
developed into international markets.<br />
Higher education establishments offering marine courses total at least 241<br />
worldwide. However, it is difficult to estimate all associated expenditure in this area as<br />
total operating costs of institutions often greatly exceed fees charged. In addition, it is<br />
difficult to clearly separate the education element of institutions’ activities from<br />
research activities.<br />
All education and training has a strategic role in ‘marketing’ the supplier country<br />
and its technology to foreign students.<br />
24.2 WORLD MARKET<br />
The world value is estimated at €1.5 billion in 2004. Due in part to a recent oversupply<br />
of seafarers being trained, levels of activity have fallen slightly.This is due to be<br />
followed by a slight upturn with other areas within the sector seeing growth, resulting<br />
in annual average growth 2005–2009 of 1.5%.
Change language