Water Transportation
5 companies · FY2023
Reading the Water Transportation CEO Pay Landscape (SIC 44, FY2023)
The Water Transportation industry, classified under 2-digit SIC code 44, had 5 SEC-reporting public companies disclose CEO pay ratio data in fiscal year 2023. Across that set of firms, the median CEO-to-worker pay ratio was 380:1 and the average was 466:1. Median CEO total compensation in the sector was $8.9M, with the sector-wide average at $10.4M. These figures are aggregated from DEF 14A proxy statements filed under Section 953(b) of the Dodd-Frank Act, which requires every U.S.-listed reporting company to compare its CEO's total compensation against a representative median employee.
Pay dispersion inside this industry is substantial. The 25th percentile CEO in Water Transportation earned $7.7M, while the 75th percentile CEO earned $13.8M — a spread that shows how firm size, equity-heavy compensation packages, and performance-linked incentives can drive very different outcomes even among peers sharing the same SIC code. When the average and median ratios are close, as they are here, pay practices in the sector are relatively uniform and the median is a reliable representative value.
Below you can scan each of the 5 Water Transportation companies PlainCEOPay currently tracks in this SIC group, with headline pay, CEO name, median worker pay, and individual pay ratios. Click through to any company page to see the full compensation breakdown — base salary, stock awards, option awards, non-equity incentive pay, pension value changes, and other compensation — plus how that firm specifically compares to this industry benchmark. All data is pulled directly from SEC EDGAR filings and reflects what companies themselves disclosed to shareholders; it is not estimated, imputed, or projected.
Companies in Water Transportation (5)
| Company | CEO | CEO Pay | Median Worker | Pay Ratio | FY |
|---|---|---|---|---|---|
| ROYAL CARIBBEAN CRUISES LTDSEC EDGAR DEF 14A — CIK 884887 | — | $17.2M | $18K | 953:1 | 2023 |
| CARNIVAL CORPSEC EDGAR DEF 14A — CIK 815097 | — | $13.8M | $17K | 822:1 | 2023 |
| Norwegian Cruise Line Holdings Ltd.SEC EDGAR DEF 14A — CIK 1513761 | — | $8.9M | $23K | 380:1 | 2023 |
| TIDEWATER INCSEC EDGAR DEF 14A — CIK 98222 | — | $4.2M | $46K | 92:1 | 2023 |
| KIRBY CORPSEC EDGAR DEF 14A — CIK 56047 | — | $7.7M | $92K | 84:1 | 2023 |
Frequently Asked Questions
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Read our methodology — how this data is sourced, computed, and verified.