News

           MUMBAI, DEC.30: THE Marine Union of India (MUI) and the Indian National Shipowners’ As-sociation (INSA) have signed an agreement recently for an upward revision of wages of officers working on Indian-registered ships.

          Under the settlement covering the period April1, 2008 to March 2010, the basic wage will be hiked by 10 per cent, while from April 2010 to March 2012 it will go up by another nine per cent, An official of MUI said that all the arrears would be disbursed by the shipping companies individually.

          There are about 2,700 officers with Indian-flagged ships, most of whom have been taken on contract basis.