Dissertation > Transportation > Waterway transport > Marine Engineering > Navigation technology management and salvage > Engineering Management

Professional ship management

Author ZhangYanGao
Tutor ZhaoGang
School Shanghai Maritime University
Course Transportation Planning and Management
Keywords professional ship management maketing of ship manager ship manager
CLC U676.4
Type Master's thesis
Year 2004
Downloads 292
Quotes 8
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Ship management business can be classified into three groups by the managing role: managed by the ship owner, named as "first party ship management"; managed by the charter party, called as "second party ship management"; the last one is "the professional ship management (third party ship management)", which is managed by the independent professional managers. This kind of entity is called as "professional ship management company."Currently, the global shipping market is in full blossom. No matter the liner shipping, bulk carrier, or the crude oil transportation is in a sound developing period. In the past few years, shipping industry developed rapidly in china. There are so many new ship owners appeared in the market, including some private entrepreneurs. Under this circumstances, more and more professional ship managers are needed by the market demand. With the changing of domestic & international shipping environment, the ship building, maritime safety & management are in more strict requirements, which creates the demand for professional ship management in a degree. On the other hand, owning ships have already become a tool of investment. But generally speaking, the investors are not shipping experts. They are willing to make the assets value-added by professional ship managers, or by chartering them out. According to I MO statistics, there are 6000 vessels (over 5000 DWT )outsourced to the third party ship managers in the world while, which accounts for 1/4 of the world market. And the market share increases by nearly 4 percent in recent years, which is still far lagging behind the growth of the global ships number increasing. So, the ship management bushiness has a great potential.With the upgrading of china shipping industry opening, it is predicted that the ship management business will become a most effective carrier in realizing integrated & professional operation, separating capital owners from managers and improve overall transportation efficiency in the shipping market. It will play an even more importantrole in china’s shipping system.The foreign ship management industry matured during these years. It has achieved a relatively higher professional standard in the operation as well as the managing tools. Compared to them, china independent ship management companies are overwhelmingly immature. We are beginners with small sizes and limited business scope. Chinese enterprises should spare no efforts to elevate management level and learn advanced managerial experiences from our foreign counterparts in order to enter the list of world-class ship management managers.Firstly, this thesis analyzes the current market situation and developing trend of the professional ship management. Then, the author makes a detailed analysis on the legal status and business scope of the professional ship management. The latter parts of the papers include the research of customers’ demand, market strategy from the perspective of ship managers.lt also solve a fundamental problem of how to set up a ship management copany and how to develop business. The author hopes that the thesis will produce positive effect to the current domestic professional ship management business.Zhang Yan’gao (Transportation planning & management) Directed by Professor Zhao Gang

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