Important factors in choosing the right technical ship management company

for your trip. Therefore, it is important to choose the right technical ship management company.

Technical management firms take a different interest in order to conserve a good superintendent/vessel allowance ratio to make sure vessels under his charge grab quick attention always, more than assigning the best-fitted superintendent to a ship.

Selecting the right technical ship management company

While it is highly imperative to choose the right technical ship management company, the right ship management firm has the 5 important attributes that include international presence, honed expertise, incisive knowledge of maritime law, cost control, & established process.

Established processes

The right shipping management firm has established systems that include a safety management system, planned maintenance system & maritime procurement systems. All of these systems encourage, guide as well as support the shipboard & the shore team for running a vessel effectively. Other systems that include regular internal audits, crew performance, and vessel reporting help the managers & the owners to stay up to date regarding important vessel details. These systems help in streamlining the processes, multiply the efficiency & decrease the Total Cost of Ownership for the others.

Honed expertise

The right shipping management company collects valuable expertise via management of several kinds of vessels which operate in diverse regions & gleanings that are acquired through their management experience lets them enhance the entire fleet. Most shipping management firms have gone years even without a single LTI case.

Cost Control

The right shipping management firm can take advantage of economies of scale & it can procure goods as well as services at cheaper prices when compared to its competitors or other players in this landscape. Moreover, it should also have the capability to offer the owners' commission rebates and decrease the operating cost.

International presence

The right shipping management company should have a global presence with officers as well as agents across the world, as the vessel might often need to change charters & operate in multiple locations around the globe and this helps in decreasing the logistical challenges that help in connecting the needed items to ships economically & efficiently.

Incisive knowledge of maritime law

A good ship manager must possess expertise in marine law in order to deliver intelligent resolutions & redressal of grievances as well as disputes as and when they occur in any location. This is mainly to prevent their impact on vessel schedule & productivity.

One such company offering quality technical ship management services is Tangar Ship Management. The company is able to offer quality services through its dedicated, qualified professional & experienced team of superintendents & seafarers.

The road ahead

Although the Indian shipping fleet owners had a tough time during the pandemic, the owners are inclined to render the services of the best-in-class yet cost-effective service provider for the shipping requirements.