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Ship management is the activity of managing marine vessels. The vessels under management could be owned by a sister concern of the ship management company or by independent vessel owners. A vessel owning company that generally has several vessels in its fleet, entrusts the fleet management to a single or multiple ship management companies.
A shipowner, ship owner or ship-owner is the owner of a ship.They can be merchant vessels involved in the shipping industry or non commercially owned. In the commercial sense of the term, a shipowner is someone who equips and exploits a ship, usually for delivering cargo at a certain freight rate, either as a per freight rate (given price for the transport of a certain cargo between two given ...
Also ship's magazine. The ammunition storage area aboard a warship. magnetic bearing An absolute bearing using magnetic north. magnetic north The direction towards the North Magnetic Pole. Varies slowly over time. maiden voyage The first voyage of a ship in its intended role, i.e. excluding trial trips. Maierform bow A V-shaped bow introduced in the late 1920s which allowed a ship to maintain ...
A warehouse in South Jersey, a U.S. East Coast epicenter for logistics and warehouse construction outside Philadelphia, where trucks deliver slabs of granite [1]. Logistics is the part of supply chain management that deals with the efficient forward and reverse flow of goods, services, and related information from the point of origin to the point of consumption according to the needs of customers.
The main issue impacting the global crew management sector and the wider shipping industry is an expected shortage of qualified seafarers over the coming years, especially for specialised vessels such as chemical, LNG and LPG carriers, engineering officers, and officers at management level. The latter two mainly due to not having enough new ...
Anglo-Eastern is a ship management company, with over 720 ships under third-party management. [1] The company was formed by an August 2015 merger between Anglo-Eastern and Hong Kong–based Univan. As of November 2018, it was the largest ship manager in the world (by number of ships), and the second largest in the world (by number of seafarers ...
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AAW An acronym for anti-aircraft warfare. aback (of a sail) Filled by the wind on the opposite side to the one normally used to move the vessel forward.On a square-rigged ship, any of the square sails can be braced round to be aback, the purpose of which may be to reduce speed (such as when a ship-of-the-line is keeping station with others), to heave to, or to assist moving the ship's head ...