The new IBF agreement will increase the basic salary of seafarers by 5% in 2026-2027

The International Transport Workers' Federation (ITF) and shipowners have signed a new IBF agreement that provides for a 5% increase in the basic salary of seafarers during 2026-2027.

Key details of the agreement

This increase will affect seafarers worldwide, significantly improving their financial situation amid rising living costs and inflation. The agreement was signed after lengthy negotiations between the ITF and representatives of shipowners, highlighting the parties' commitment to fair working conditions at sea.

Significance for the industry

The IBF agreement (International Agreement on Collective Bargaining for Seafarers) is an important step in supporting maritime professionals. According to the ITF, the basic salary is a fundamental element of remuneration that affects millions of seafarers working in challenging conditions far from home.

• A 5% increase over two years;
• Applicable to all seafarers covered by the IBF;
• Improvement of crew financial stability.

Experts note that this decision will help attract and retain qualified specialists in an industry where labor shortages remain a pressing issue.