Commercial Management encompasses the various modes of vessel’s employment on behalf of the owner, either on time charter (bareboat) or voyage charter basis, from spot to period employment.
Ship operations which include
This refers to the process of formally designating an agent to handle the operational and legal responsibilities for a vessel in a specific port or region.
Bunkering is the process of supplying fuel to ships, typically done at designated ports or bunkering stations, to ensure the vessel has enough fuel for its journey.
These are navigational routes through narrow bodies of water, such as straits and canals, that require careful planning and permission due to their challenging conditions and traffic restrictions.
These are instructions issued by the ship owner or charterer, detailing the route, cargo handling procedures, and other operational requirements for the vessel’s journey.
This involves managing and processing claims arising from incidents during a voyage, such as damages to cargo, delays, or other liabilities, to determine responsibility and compensation.
These are the costs incurred during the course of a voyage, including fuel, port charges, crew wages, and maintenance, which are essential for budgeting and financial planning.
This refers to tracking and analyzing a vessel's operational efficiency, fuel consumption, speed, and overall performance to optimize its operations and reduce costs.