Institute of Chartered Shipbrokers
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Surge in shipping students proves robustness of the sector
Posted on Monday, March 26, 2012
The shipping industry is investing in training. Newly released
statistics from the Institute of Chartered Shipbrokers (ICS), which
celebrated its centenary in 2011, show shipping bucking the trend
in terms of cuts to training budgets. While recent figures from the
Chartered Institute of Personnel Development (CIPD) revealed a fall
of 20% in training budgets in 2011, ICS examination registrations
are up 44%.
The ICS 2012 figures for the number of examinations being
undertaken are in sharp contrast to the downbeat maritime industry
forecasts for the medium to long term. The ICS is experiencing a
record year in examination registrations with 5,838 already
confirmed compared to 4,061 in 2011. Furthermore, the
qualifications offered by ICS are receiving increased global
recognition with 75 examination centres in 46 countries across six
This increase provides solid evidence that despite a global
shipping recession, with the threat of darker times to come, the
maritime industry and individuals recognise the value of investment
in sector-specific education and training.
This exceptional increase is further evidence that
internationally, maritime businesses are heeding professional
advice to maintain and/or increase training budgets and not cut
them during recessionary times in order to emerge fitter from an
The Director of ICS, Julie Lithgow commented: "It is very
encouraging to see an increased commitment to quality training from
both the maritime industry and individuals seeking recognition as
maritime professionals. This significant increase in examination
registrations is indicative of the ability of the maritime industry
to look to the future during austere times."
The ICS Chairman, Tony Dixon added: "I am delighted with this
news. International trade is the backbone of the globally economy
and shipping is a major player in facilitating that. The shipping
industry is steeped in tradition and very used to weathering the
financial ups and downs so it is no surprise to me to see this
industry looking forward and not astern."
The professional examinations provided by ICS mark the start of
the path to ICS membership and cover 16 subject areas from Legal
Principles to Terminal Management. All examinations - Foundation
and Advanced Diplomas, as well as Professional Qualifying
Examinations - are undertaken in April every year. Registration for
April 2012 is now closed.
The Institute of Chartered Shipbrokers (ICS) was established in
1911and received Royal Charter in 1920.
ICS is the only internationally recognised professional
educational body in the maritime arena and represents shipbrokers,
ship managers and agents worldwide.
ICS is based in the heart of the City of London and has 25
branches in key shipping locations worldwide with 4,000 individual
and 120 company members.
ICS membership represents a commitment to maintaining the
highest professional standards across the shipping industry.
Learning is available in a variety of ways. TutorShip is a
distance learning programme which provides the options of studying
at your own pace but is also offered in 16 Distance learning
ICS is a provider of education and training through the
publication of 16 training syllabuses and the setting of
examinations. Successful completion of ICS examinations is the only
route for high quality shipping professionals to be awarded
chartered shipbroker status.
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