Posts

Showing posts with the label marine

HOW MARITIME INDUSTRY INFLUENCE TOWARDS SUPPLY CHAIN MANAGEMENT

Image
  “HOW MARITIME INDUSTRY INFLUENCE TOWARDS SUPPLY CHAIN                        MANAGEMENT”.                                                                                   Prepared by:                                                                                   Ashan Silva                                         ...

The importance of data analysis for strategic planning in Ship agency business

Image
            The importance of data analysis for                               strategic planning in                               ship agency business   Collection of data is playing a vital role for our strategical planning. For to achieve “operational excellence” following need to be covered 1.        Strategy development 2.        Performance management 3.        Process excellence 4.        High performance work teams Under above segments there are many sectors covered. In addition to all above its very important very important identify your customer base. Specially 1.        Top ten customers volume wis...

THE IMPORTANCE OF THE MARITIME TRADE IN THE WORLD ECONOMY.

Image
  THE IMPORTANCE OF THE MARITIME TRADE IN THE WORLD ECONOMY.     Prepared by: Ashan Silva AFNI(UK), CMILT (UK), ACIM (UK) Ex. MSc (Strategic Marketing), Ex. MBA, MBA, Reading for DBA     As explained by maritime world, if the world is the heart ships are the arteries of it. Around 42% of the export & 35% of the import merchandise volumes movements are happening through sea route for developed and transition economies in the world. Without such movements half of the world will starve. So, maritime sector playing a vital role in those economies. The growth of the maritime trade decelerated in all segment in year 2019.                 The volume of trade moving by sea is about 90% of the trade. According to the statistics roughly we are served by over 98,140 ships by early 2020 (of 100 GRT and above). Out of which largest portions are ...

Why you should have a quality shipping agent when your vessel calling international ports

Image
  Prepared by: Ashan Silva AFNI (UK), CMILT (UK), ACIM (UK),                                    Ex. MSc (Strategic Marketing), Ex. MBA, MBA, Reading for DBA The main role of the ship agent is to represent the interest of ship owners, operators, or charterers when the vessel approach to respective port. Captain is not much aware about the local conditions so, he himself can’t perform all bureaucratic operations alone. Hence, he needs some assistance from a specialized person called local agent who is well familiar to local conditions, rules, regulations, procedures, processes, etc. Such agent should be able to represent said vessel owners, operators, charters, effectively and efficiently since the shipping company doesn’t have its own office in that port. As a result, When the shipping company secured their voyage towards a particular port, they are nominating their agent to that port to ...