From Crisis to Opportunity: How the Oil Crisis Fueled the Rise of Filipino Sea-Based Workers

From Crisis to Opportunity: How the Oil Crisis Fueled the Rise of Filipino Sea-Based Workers

The Philippines boasts a rich maritime history. Local seafarers have been plying the world’s oceans for centuries, significantly contributing to various industries.

One of the most significant parts of the history of the maritime industry was in the 70s. This was when the oil crisis hit the world economy, and many companies were searching for ways to cut costs. One way to do so was to reduce labour costs by employing less expensive workers. Filipino seafarers became a viable option. Known for their hard work and dedication, they quickly rose to the top.

This led to numerous job opportunities, not only in the Philippines but in other parts of the world as well. The Filipino maritime industry, which started as a means of earning a livelihood, has undoubtedly flourished into a long-standing legacy.

In 1987, the Philippines became the leading supplier of sea-based workers worldwide, with hardworking attitudes and a loyalty record. Their professionalism, determination, and work ethic made them the most sought-after seafarers globally, providing the shipping industry with unparalleled service. It is no surprise that, since then, the Philippines has remained the world’s manning capital. Out of the 1.5 million mariners worldwide, a staggering 25% of them are Filipino sea-based workers. Their significant contribution to the shipping industry proves why Filipinos are the largest nationality bloc in this critical market, reinforcing their growing economic power and commitment to global trade.

Filipino seafarers have contributed significantly to the shipping and seaborne trade industry for decades. According to Efthimios E. Mitropoulos, Secretary-General of the International Maritime Organization, they are “unsung heroes” in an industry responsible for moving most of the world’s trade.

While they are gaining more recognition, it is worth acknowledging the vast impact that Filipino seafarers have had on this industry. Their expertise and dedication drive this critical sector forward, and their contributions ensure the global economy can thrive.