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International
Ship Management:
Historically,
ship management has been limited to larger fleets. New rules and
regulations have caused the smaller shipping companies to outsource
the technical and crew management of their vessels to professional
ship managers. In general, if you operate with fewer than five vessels
and operating with an international flag and crew, substantial benefits
will be realized by using a management company such as MMS.
Expertise:
MMS is an expert in every area of ship management, including SOLAS,
IMO regulations, U.S. Coast Guard regulations, navigation equipment,
planned maintenance, crewing, training, as well as other specialized
services such as marine insurance and claim handling.
Insurances:
MMS obtains very competitive fleet insurance for its vessels under
management, including H&M, P&I, Loss of Hire and other policies.
In addition, claims are handled more quickly, and with greater expertise.
 Purchasing:
Because of its managed fleet size, MMS has a broad, international
buying power, which adds up to substantial savings from global agreements
for consumables, spare parts and equipment, and other items and
services.
Crewing:
MMS works with crewing agents and companies around the world. Our
managed fleet size attracts better Officers and Ratings.Training
is centralized, more extensive and yields a better trained, better
qualified crew with a higher degree of flexibility.
Disaster
& Casualty Management: MMS relies on its strength and expertise,
its worldwide organization, its management team and crew pool to
manage problems professionally, without interrupting the smooth
operation of its other managed vessels.
Administration
& Reporting: MMS possesses up-to-date efficient computer systems
for administration, budgeting, accounting and cash management, with
fast and detailed reporting.
Costs:
Dollar for dollar, the fee charged by MMS as an independent ship
manager is a much greater value than applying those dollars toward
in-house operations.
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