ILO Establishes New Global Minimum Wage for Seafarers with Planned Increases through 2028
The International Labor Organization (ILO) has approved a new global minimum wage agreement for seafarers, marking a significant increase over the next three years. The agreement, reached in Geneva in April 2025, will raise the minimum wage to $690 in January 2026, with further increases planned for 2028. This milestone underscores the commitment to fair wages.