The medal is awarded to those members of the Dutch Merchant fleet who distinguish themselves by praiseworthy acts of duty for Dutch shipping. The medal was originally awarded in gold, silver or bronze, with only gold medals awarded since 1969. Awards are on basis by nomination of the Netherlands government and by royal decree.
Sources
J.A. van Zelm van Eldik, "Moed en Deugd", Zutphen 2003
F.P. de Boer, "Honderd jaar De Ruytermedaille 1907–2007", 2007
H.G. Meijer, C.P. Mulder en B.W. Wagenaar, "Orders and Decorations of The Netherlands", 1984
C.H. Evers, "Onderscheidingen - Leidraad voor de decoraties van het Koninkrijk der Nederlanden", 2001
C.P. Mulder, "Tot belooning van edele menschenvrienden", Z.J.