Shipping and Maritime Management: Unit 1 Second Semester
Shipping and Maritime Management: Unit 1 Second Semester
Shipping and Maritime Management: Unit 1 Second Semester
MARITIME
MANAGEMENT
UNIT 1
SECOND SEMESTER
What is Ship Management?
Ship management is the professional supply of a single or a
range of services by a management company separate from
the vessel’s ownership that covers various different types
of management services and these are, in turn, related to
all aspects of daily vessel operations The term describes an
international business of many characteristics including:
• Low margins
• Relatively low barriers of entry for ship management
companies
• Heavy paperwork
• Intense competition
• High risks and a need to provide a round the clock service
A shipper is an individual or company with cargo to
transport.