Analysis of ship management for better practices

ANALYSIS OF SHIP MANAGEMENT FOR BETTER PRACTICES

Introduction

Ship Management a growing business

A service based sector 3 types of Manager

Incorporated in big owner companies Handles their own vessel 3rd party companies

Facts !

140 organization handles >40 ships Leads to handle >40000 vessels Leads to market size of 3-5 billion US

$.

Organization Structure

Objective/Scope

To analyze ship management for better practices

Help in understand requirement of industry and adapt solution to remain competitive in market.

Improve their process.

Representations

Are you dynamically altering your Managerial process, approaches, inventing new tools to master the current market today ?

Not involved

no

Partly

Yes

0 10 20 30 40 50 60

Change in process

Series 1

What do you think is the biggest challenges in forecasting next financial year?

Procurement

Quality and safety

Financial management

Technical management

Crewing

others

0 10 20 30 40 50 60 70 80 90 100

Series 1

How do you seek examples of practices followed in ship management industries??

OthersBy external choiceBy lookong at other companies

What are the reason for knowing of market practices?

others

Availability to change new technology

Environment requirement

competitive situation

Compliance of demand

New regulation

Cost pressure

0 10 20 30 40 50 60 70

Series 1

How do you feel about new life cycle management

Others

Evidence of enviroment performance

Higher insromation availabilty

Lower total cost

0 10 20 30 40 50 60

Series 1

Series 1

What do Mostly Port State Control finds??

Port state findingsSOLAS related operational deficiencies

Fire safety measure

ISM related deficiencies

Life saving appliances

Propulsion &auxiliary machines

Stability & structure related equipements

Safety of navigations

MARPOL annex

Ships certificate & documents

Load line

What are the prone areas for Maritime accidents?

At sea

In port/harbor dry docks

River channels

Restricted waters

Others

0 10 20 30 40 50 60 70 80 90

Maritime accidents

Maritime accidents

What are the main reason for shipping losses?

Shipping losses

Sunk/submergedWreckedFire explosionCollision(other vessel)Machinery damage/failureHull damageMiscellenousCollision(harbour wall)

For operating a ship, what is the biggest cost involved as a company or what is spent on ship?

Manning

Repairs & Maintainace

Stores & lubes

Insurance

Admin

0 10 20 30 40 50 60 70 80

Series 1

Series 1

What are the biggest challenges an organization faces in adaption of new technologies??

Usability

Management of master data

Document management

Data migration

Administration support

Security of data

0 10 20 30 40 50 60 70 80

Series 1

Series 1

Results and findings

For crew Management Invest more in traditions Invest more in crew welfare package Integrate training, appraisal and

development of management system. Use a combination of personnel and

trainings Use incorporated crew solution onboard

and onshore.

Result and findings

For technical management Organize processes having detail

structure Build process in harmony with planned

maintenance system Integrate management of master data

using new technology and act accordingly

Manage a maintenance budget only for dry dockings

Attention to hull maintenance and communication system.

Results and findings

For HSEQ management Incorporate finance with other

department specially operations Consolidate invoice process with proper

registration Synchronize and computerize processing