Seafarers’ Financial Literacy 

At the numerous requests of seafarers, the MTWTU organized a seminar for its members on seafarers’ financial literacy. The speakers at the seminar were Eric Nyman, Ukraine’s leading financial expert, and Sergey Shvets, who has successful asset management experience.

According to a USAID study, in Ukraine, about 65% of the population consider themselves financially literate. Many seafarers are most concerned of how to live a decent life after the end of a career and how to financially protect themselves and their loved ones in the future.

The speakers at the seminar were Eric Nyman, Ukraine’s leading financial expert, and Sergey Shvets, who has successful asset management experience.

The event participants discovered modern investment opportunities available for Ukrainians; learned how to properly manage personal finances to achieve their goals, how to avoid mistakes in managing their finances and how savings can work effectively for seafarers.

“Thanks to the Union for the seminar,” said one of the seminar participants, seafarer and MTWTU member Valery Rozvadovsky. “I learned a lot of interesting things about asset and financial management. Seafarers need to think about a competent investment: if you don’t think yourself, nobody else will.”


More news with tag #Seamen

Нові «зручні прапори»: Домініка, Гамбія, Ніуе

ITF додала три нові прапори — Домініка, Гамбія та Ніуе — до свого багаторічного відкритого реєстру «зручних прапорів».

Ukrainian Seafarers Working under the Danish Flag: From Signing the Collective Agreement to Renewing Cooperation Terms

Two years ago, the Marine Transport Workers’ Trade Union of Ukraine (MTWTU) and Danish Shipping signed a historic collective agreement that, for the first time, extended to Ukrainian officers and ratings working on vessels of the Danish International Ship Register (DIS).

THE BLACK SEA OF SHAME: HOW SUBSTANDARD SHIPPING TURNS SEAFARERS INTO HOSTAGES OF FLOATING COFFINS

On 12 October 2025, the Cameroon-flagged cargo ship EILEEN sank in the Black Sea near Bulgaria. Ten seafarers were rescued hours before the ship finally sank 140 nautical miles off Varna.

Український морський вечір у Сінгапурі об’єднав міжнародну спільноту навколо підтримки українських моряків

Вже втретє Профспілка робітників морського транспорту України (ПРМТУ) спільно з Посольством України в Республіці Сінгапур, сінгапурськими морськими профспілками SMOU та SOS, а також Міжнародною радою морських судновласників (IMEC) та ASP провела Український морський захід у Сінгапурі.

Thank you for contacting us!