The global economic crisis may have hit several industries, particularly the IT sector, resulting in pink slips and cost-cutting measures, but job vacancies galore in shipping industry, according to a top official of an educational institute offering courses in the field.

Most people were looking at the IT industry for lucrative career options till the recession, but not many were aware that the shipping industry also creates huge demand with salaries ranging from a minimum of Rs 25,000 per month to a whopping Rs 10 lakh, Managing Director of Chennai School of Shipping Management G V Ramanigopal said.