Large tanker vessels that transport oil, gas, and other chemicals across the oceans of the world are under the direction and navigation of tanker captains. These specialists are essential to the worldwide maritime sector, and their pay is commensurate with that. This article will cover the salary of tanker captains and address associated queries including yacht captains’ net worth, gratuities, demand, and how to become one.
The Bureau of Labor Statistics reports that as of May 2020, the median yearly salary for those employed in water transportation, including tanker captains, was $60,780. The captain’s experience, employer, and other variables all affect this number. Tanker captains often make $50,000 to $150,000 annually, with the highest-paid captains making over $200,000 in a given year.
The amount of a gratuity for a charter captain varies according to the length of the charter and the skipper’s performance. Typically, 10% to 20% of the entire cost of the charter should be left as a tip. For instance, if you spent $10,000 on a boat charter for a week, you might give the captain between $1,000 and $2,000 in tips.
The captain of Bravo’s reality series Below Deck, Lee Rosbach, is thought to be worth roughly $800,000. It’s important to keep in mind that this sum could not accurately reflect the earnings of all yacht captains, as Captain Lee has also made money through his TV roles and other endeavors.
Due to the expanding global traffic of products and the rising demand for luxury yacht charters, boat captains, particularly yacht and tanker captains, are in high demand. According to the Bureau of Labor Statistics, employment of those involved in water transportation is expected to increase by 3% between 2019 and 2029, which is nearly as fast as the national average for all occupations.
You normally require a number of years of boating and certification experience to become a charter skipper aboard a yacht. Captains of ships carrying passengers-for-hire are required by the United States Coast Guard to possess a valid Merchant Mariner Credential (MMC) with the proper captain’s endorsement. Many yacht charter firms additionally demand that their captains possess a commercial driver’s license, first aid and CPR certification, among other credentials.
As a result of their crucial contribution to the worldwide marine economy, tanker captains are paid well, with yearly wages ranging from $50,000 to over $200,000. It is typical to tip a charter captain between 10% and 20% of the total cost of the charter. The star of Below Deck, Captain Lee Rosbach, is thought to be worth $800,000. Since employment in the water transportation industry is expected to increase by 3% between 2019 and 2029, boat captains are in high demand. You’ll need several years of experience, as well as the necessary credentials, such as a Merchant Mariner Credential, to work as a yacht charter skipper.
The tipping guidelines for deep sea fishing are not mentioned in the article, which is about the pay of tanker captains. However, it is typically advised to give the crew of a deep sea fishing trip between 15% and 20% of the trip’s total cost as gratuity.