The Washington Maritime Federation released the Washington State Maritime Sector Economic Impact Study 2017 Update. This study updates the seminal 2013 study of the same name and provides a detailed analysis of the positive economic impact of the state’s maritime industry.
The study finds the maritime sector directly supported 69,500 jobs, nearly $4.7 billion in wages, and $17.1 billion in business revenue in 2015. The average wage for a maritime worker was $67,000 in 2015 compared to the statewide average of $56,700, a significant increase over the 2013 study. For every direct job in maritime, an additional 1.8 jobs are supported through secondary impacts. When these indirect and induced impacts are factored in, the sector provided 191,000 jobs and $37.8 billion in revenue statewide.
“This study builds upon past efforts and clearly shows the maritime industry is a cornerstone of the State’s economy, providing family wage jobs and real opportunities for the next generation of maritime workers. We’ve seen consistent growth across all subsectors of the industry since the 2013 study release and we feel confident about the continued growth of maritime in the years to come,” said Washington Maritime Federation Director Mark Gleason.
Jon Talton, The Seattle Times
Download the 2017 Washington State Maritime Sector Economic Impact Study here.
Download the 2017 Washington State Maritime Sector Economic Impact Study Infographic here.
Nearly 350 top business, labor, local and federal government and community leaders attended the annual Maritime Industry Economic Forecast Breakfast on Friday, November 18, at Pacific Marine Expo.
Rep. Rick Larsen and Roger Millar, Washington Secretary of Transportation, were the keynote speakers. The breakfast also featured the release of two studies - Modernization of the North Pacific Fishing Fleet and the update to the Maritime Industry Cluster Study.
Presentng Sponsors: oin the Seattle Propeller Club, the Port of Seattle, North Seattle Industrial Association, the Seattle Marine Business Coalition, Washington Maritime Federation, Port of Seattle Marine Exchange of Puget Sound, Northwest Marine Trade Association, Pacific Merchant Shipping Association, and King County maritime businesses. Corporate breakfast partners: American Seafoods, Compass Courses Maritime Training, Crowley Maritime, Economic Development Council of Seattle and King County, Foss Maritime, Harley Marine Services, Kane Environmental, Maxum Petroleum, Miller Nash Graham & Dunn, Pacific Fishermen Shipyard & Electric, Vigor and Washington Maritime Federation.
The purpose of the breakfast is to bring leaders together to discuss the challenges and opportunities facing the area’s workboat and fishing industries and to showcase our region’s important maritime industry.
For further information, click here.
King County, Washington, is the region’s center for workboats, the fishing industry and shipyards. It’s home to thousands of maritime businesses, which employ more than 250,000 people.
To support the growth of current maritime businesses and to attract new maritime businesses, local business associations, businesses, labor and government agencies have partnered together.
Our King County Maritime Matters. We have a great story to tell about a thriving and growing economic sector. About environmental stewardship efforts and community involvement. And about being a partner in solving regional issues such as freight mobility, transportation, land use, economic competitiveness and workforce development.
We are a Five Star Working Waterfront
1. Significant Economic Impact - The region’s maritime industry cluster makes a significant contribution to our regional and global economies.
2. Quality Jobs - The industry offers well-paying family wage jobs and diverse career opportunities.
3. Excellent Products and Services - The maritime cluster delivers excellent products and services with the highest level of customer service.
4. Commitment to Sustainability - The industry is committed to environmental sustainability and the long term health and vitality of the community.
5. Growing the Working Waterfront - Our region is passionate about the maritime industry, growing the working waterfront economic sector and building strong working partnerships between businesses, labor, the community and government.
King County Maritime is not another association, it’s a movement to give the industry a voice. We invite your participation and support!
Check out the more than 150 King County Maritime businesses and organizations who exhibited at the 2016 Pacific Marine Expo here. Overall, nearly 33% of all exhibitors at the Expo have a King County address and more than 45% of the booths represent Washington businesses!