Home | SWFS

Leadership

Smt. Droupadi Murmu

Hon’ble President of India

Shri Narendra Modi

Hon’ble Prime Minister of India

Shri Sarbananda Sonowal

Hon’ble Cabinet Minister

Shri Shantanu Thakur

Hon’ble Minister of State

Shri Shyam Jagannathan, IAS

Chairman (SWFS)

Capt. Nitin Mukesh

Member Secretary (SWFS)

324182+

Active Seafarer

2021

Total Shipping Companies

609

Total RPSL Agencies

13

Total Active Schemes

36811+

Total Applications Received

₹ 75.24Cr+

Total Amount disbursed

SEAFARER’S WELFARE FUND SOCIETY

The Seafarers' Welfare Fund Society (SWFS) is an autonomous organization under the Ministry of Ports, Shipping & Waterways, Government of India. It is committed to the welfare and well-being of Indian seafarers and their families.

Provides financial assistance and welfare benefits to eligible Indian seafarers'

Administers welfare schemes and gratuity benefits for eligible Indian seafarers'

About Us

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Our Services

Avail the benefits of SWFS's welfare schemes, services, and resources for Indian seafarers' and their families

Welfare Fund Administration

Administration of welfare schemes and benefits for eligible Indian seafarers' and their families.

Welfare Contribution

Management of welfare fund contributions received for eligible seafarers'

Gratuity Fund Administration

Administration of gratuity-related benefits and eligible payments to seafarers'

Grievance

Receives and facilitates resolution of grievances related to SWFS services and welfare benefits.

Indian shipping companies contribute welfare funds for rating seafarers under the National Maritime Board (NMB) Agreement, 1983.
Recruitment & Placement Services License (RPSL) Companies contribute welfare funds for seafarers employed on foreign flag vessels (from 01.04.2014 onwards).
The Government of India (GoI) made it mandatory in 2015 for Indian shipping companies to deposit welfare contributions for seafarers on Indian-flagged vessels.

Collected by the Government Shipping Office (GSO) since 1974 and transferred to SWFS.
Companies deposit ₹500 per seafarer annually.

Funds are invested in secure government bonds, fixed deposits, and public sector financial instruments.
Interest income is utilized for administrative and welfare expenses.

Financial Information

Details of funds and financial status of SWFS (as on 30.10.2026)

Administration Fund (Corpus Fund)

₹ 44.10 Cr

Welfare Fund (Corpus Fund)

₹ 907.37 Cr

Seafarer's Gratuity Fund (Custodian)

₹ 845.97 Cr

Seafarers Welfare Infrastructure Projects

The Seafarers’ Welfare Infrastructure Initiative creates modern, accessible and sustainable welfare facilities for Indian seafarers, providing safe spaces for rest, recreation, communication and essential support during their time ashore.

Notification

Stay updated with the latest circulars, notices, tenders, forms, and official documents issued by the Seafarers' Welfare Fund Society.

Live

Posted Date: Aug 18, 2026

Advertising a Notice on Behalf of Directorate General of Maritime Administration in "Times of India (all Indian edition)", "Navbharat Times" and "Maharashtra Times".

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Live

Posted Date: Aug 18, 2026

Request for Proposal (RFP) for Appointment as Custodian of Securities for SWFS's Funds

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Live

Posted Date: Aug 17, 2026

Request for Bid (RFB) for Selection of a Life Insurance Company for Providing Term Life Insurance Coverage to Indian Seafarers' under the Seafarers Welfare Fund Society (SWFS)

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Live

Posted Date: Aug 17, 2026

Request for Bid (RFB) for Empanelment of General Insurance Companies for Group Personal Accident Insurance Coverage under the Seafarers' Welfare Fund Society (SWFS)

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