Ship Management: Theory and Practice

Description

Ship Management: Theory and Practice unpacks the complexity of this crucial maritime activity by spelling out its key elements and the connections and linkages between them. Opening with an introduction and an overview of the special characteristics of ship management, the text then focuses on different strands of management. It offers dedicated chapters on strategic management, commercial management, operations management, technical management, human resource management and compliance management, weaving in numerous international examples throughout. The final chapter looks to the future, exploring the challenges facing ship management and the impact of digitalisation. Ship Management: Theory and Practice is a valuable resource for upper-level students of shipping management and maritime operations and can also serve as a one-stop reference for researchers and industry practitioners. Cover Half Title Series Page Title Page Copyright Page Contents List of tables List of figures List of abbreviations 1 Introduction Maritime shipping and world fleet Evolution of ship owning and management Choice of outsourcing ship management Structure of the book 2 Special characteristics of ship management The concept of ship management The main types of ships Bulk carriers Tankers Container ships General cargo ships Special nature and characteristics of the ship Special nature and characteristics of the seafaring profession Special nature and characteristics of the shipping business Special nature and characteristics of maritime governance 3 Strategic management The concept of strategic management Business policies of shipping companies Organisational structure Merger and acquisition as growth strategies Choice of flag Strategic shipping market and positioning strategy Response to emerging technologies 4 Commercial management The concept of commercial management The role of the ship manager The ship manager’s contractual obligations The ship manager’s fiduciary duties Duty to act for the best interest of the ship owner Duty to act within the scope of authority Duty to act with reasonable care, skill and diligence Duty to avoid and disclose conflicts of interest Other duties Management of risk and insurance 5 Operations management The concept of operations management The ‘sea voyage cycle’ Operations in each phase of the sea voyage cycle Pre-arrival operations phase Arrival operations phase Port stay operations phase Departure operations phase Pre-departure operations phase Post-departure operations phase 6 Technical management The concept of technical management The concept of seaworthiness Ship maintenance management Performance management Quality and safety management Information system management Emergency management 7 Human resource management The concept of human resource management The human element in the maritime industry The maritime labour market Industrial relations in the maritime industry Sustainable workforce development The management of a multicultural crew The multicultural crew in the maritime industry Benefits of a multicultural crew Challenges of a multicultural crew Integrating intercultural competence 8 Compliance management The concept of compliance management Compliance with maritime governance The UN framework Port state control Compliance with international sanctions Challenges with compliance management 9 Looking forward Drivers for improvement in ship management The main challenges of ship management in the future The impact of digitalisation on ship management in the future Benefits of digitalisation Obstacles of digitalisation Bibliography Index