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What is full ship management?

Technical management, or full ship management is the maritime service rendered to maintain and operate vessels, as commissioned by a ship owner or charter. Rather than the ship owner, these duties can be performed via a third party ship manager.

What is the purpose of the management agreement?

A business management agreement is a contract between the owner of a company and one or more people responsible for managing the company. It outlines the specific roles, responsibilities, and duties of each party involved.

What are the three types of ship management?

Their success is attributed to transparency, service quality provided to the clients, catering to their high standards and individual preferences. The services offered can be divided into three categories- technical management, commercial management and crewing management.

What is a ship management agreement?

Ship Management Agreement means, in respect of a Vessel, the management agreement dated on or prior to the Delivery Date of such Vessel between the relevant Obligor being the owner of such Vessel and the Manager or such other management agreement entered into from time to time between the Manager and the such Obligor.

What is 3rd party ship management?

Ship management, in its purest sense, is the outsourcing of the management of a vessel or vessels to a qualified ship manager who provides, for an agreed fee, crew management and/or full (technical) management and/or commercial management services.

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