Dependence on ageing OECD officers

The world fleet continues to rely heavily on officers from Europe, North America, Japan and other
40. Most are in senior positions such as Masters or Chief Engineers. The impact of their
retirement, without adequate numbers of well trained and experienced replacements, could be
severe.
OECDcountries. However, over25%of these are over 50 years old, andwell over50% are over 40. Most are in senior positions such as Masters or Chief Engineers. The impact of their
retirement, without adequate numbers of well trained and experienced replacements, could be
severe.
Source: BIMCO