The ever-changing environment of ship management is becoming increasingly complex. latest Ship Management report examines the principal components of the market and the implications of third party management.
The nature of ship ownership
The implications for ship management
The market for third party ship managers
Commercial management
Technical management
Administration Training
Product Description
Through detailed research and analysis the report examines the crucial factors shaping the ship management market.
Ship management and the shipping industry:
Shipping and risk exposure
Market for ship managers
Commercial management:
Chartering choices and cost factors
Reading the market - cyclical influences and other factors
Technical management:
Manpower availability and costs Management issues relating to crew matters The R&M regime Management issues relating to R&M or ship equipment matters Procurement regimes and management issues relating to the stores and supplies budget Management issues relating to insurance Regulatory issues Risks and proactive approaches
Move towards third party ship management
The Ship Management report provides key insights into the industry and the future growth of the market. Its data and analysis include:
Ship owners and concepts of risk management
Commercial and technical management - the options for outsourcing
Third party ship management and questions of liability - including the ISM Code, ISPS and Marpol as well as growing levels of national or regional legislation
The market for third party ship managers - management quality and difficulties of product differentiation
Main findings
Ship Management report provides an independent and detailed assessment of the ship management market, analysing the main areas of management, how it aligns with the overall risk management evaluation and the options for outsourcing. Focussing on the implications of ship management and the market for third-party ship managers, the report assesses the nature of ship ownership, commercial management, technical management, administration and training.
The nature of ship ownership
Describing the various ship owner types and multiplicity of the shipping business, It identifies the areas of risk management. Providing an overview of both commercial and technical management, it reports the options for third party management and questions of liability.
Commercial management
This section examines the shipping market and its economic cycles, the impact on ship chartering and differences across industrial sectors. It also monitors and measures the fundamentals of the freight market and rates. The report also analyses key ship running costs and the influence of the forward market, the newbuilding market and the demolition market.
Technical management
focuses on the availability and costs of manpower and key management issues relating to the crew alongside an evaluation of the ship repair and maintenance regime - including classification requirements, equipment recommendations and policy choices and fuel-related issues. Technical management also has a remit covering areas such as procurement policy and the stores and supplies budget, insurance, regulatory requirements and response planning.
Administration
An analysis of the key activities associated with shipping companies covering the unavoidable and the optional as well as the core administrative needs within a ship management company.
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