WHAT IT IS
A shipping analyst assists in the formulation of strategic plans by providing critical input on market developments in the shipping market. Their job roles include the following:
- Research and analysis of data and trends in the assigned sector
- Identifying value chain opportunities
- Writing market analysis reports and conducting presentations to clients or in public conferences
- Making recommendations on new and emerging business markets
Entry level shipping analysts earn a monthly salary of about $2800 to $3300 per month.
*Salary data based on industry surveys conducted by Maritime and Port Authority of Singapore (MPA) for reference only. Actual salaries may differ due to market conditions and company/organisation policies.
WHAT IS REQUIRED
- A degree in any of the following disciplines: Maritime Studies, Shipping, Business, and Economics
- Analytical and strategic thinking capabilities
- Excellent report writing skills
- Good communication and networking skills
- Good understanding of risk management
Aileen Wilopo Senior Freight Analyst at Oldendorff Carriers
Aileen Wilopo uses platforms that provide customs, port and satellite tracking data to gather information in order to forecast market trends, assisting the company in implementing the right strategies.
"It puts my critical thinking and analytical skills to the test. I can't rely on fixed indicators on market trends because the market conditions are constantly changing.
Read more about her maritime journey here.
FIND OUT MORE
Research and Consultancy Companies - Singapore Maritime Services Guide
Ship Owners and Operators - Singapore Maritime Services Guide
Baltic and International Maritime Council (BIMCO) - Interview with Chief Shipping Analyst at BIMCO, Peter Sand by Gibraltar Shipping
SkillsFuture - Skills Framework for Sea Transport