We provides full or partial management of ships

Maritime Agency "BAY" provides full or partial management of ships, as well as a range of related technical services.

In carrying of ship management, we see the main obligation to comply with the norms and requirements of international conventions, the safe and efficient use of the ship with maximum consideration of interests and the minimum involved costs on the part of the ship owner.

As for the ship management itself, in our opinion, the most optimal (and most common in practice) for the shipowner will be the transfer of technical management to a qualified organization in full. In this case, the shipowner fully reserves only the issues of commercial operation of the vessel, which allows maximum control of the revenue side of the budget without focusing on routine technical issues of the daily operation of the vessel. In this form, the service will include the following types of services provided by the manager to the ship owner:

TECHNICAL MANAGEMENT

  • Working with the Flag Administration and the Classification Society to ensure that the vessel meets the requirements of conventions and regulations. Organization of timely receipt and updating of all necessary documents. In this part, we have significant positive experience with the Flag Administrations of Belize, Cameroon, Moldova, Panama, Antigua & Barbuda, Tanzania, Togo, Palau, Ukraine, Cook Islands and Classification Societies: Det Norske Veritas Group (DNVL GL), Russian Maritime Register of Shipping (RMRS), Bureau of Veritas (BV), Dromon Bureau of Shipping (DBS), Qualitas Register of Shipping (QRS), Vega Register of Shipping (VGRS), Register of Shipping of Ukraine (SRU), International Ship Register (IRS), International Naval Shipping Bureau (INSB).
  • Organization and provision of P&I and H&M ship insurance coverage with first-class policyholders.
  • Ensuring the most complete interaction with the commercial operation department in order to fully fulfill the plans and conditions determined by the contracts of sea transportation.
  • Organization and control over the proper technical operation of the vessel, including all types of scheduled and unscheduled services, dock and navigation repairs, preparation of the vessel in technical terms for specific tasks to ensure the most profitable commercial operation of the vessel.
  • Organization of reasonable system for usage of fuels and lubricants onboard. Monitoring and accounting of consumption of fuels and lubricants. Selection of optimal price and quality oil products.
  • Organization of all items of the vessel’s procurement, implementation of monitoring system for the supplies, spare parts, components etc.
  • Provision of the vessel with full set of operational documentation in accordance with the requirements.
  • Calculation of costs for the maintenance and operation of the vessel. Preparation and submission of respective financial statements to the ship owner.
  • Close co-operation with crew in regards to vessel’s operation and vital activity.
  • Monitoring of crew qualifications, recommendations to the ship owner concerning personnel replacements.

ISM, ISPS, ILO

  • Arrangement and management onboard as it is required by international conventions of International Safety Management (ISM) Code, The International Ship and Port Security Code (ISPS) and The Maritime Labour Convention, 2006.
  • We can get DOC of any other Flag Administration and Recognized Organization.

COMMERCIAL MANAGEMENT (operating, fixing, post-fixing, etc.)

  • Provision of continuous and the most economically efficient load taking into account specific characteristics and limitations of the vessels.
  • Cooperation with reliable, first-class Cargo owners and Broker Houses.
  • Professional conclusion of any contract (CP, COA, TC, MOA) ensuring safe and the most advantageous conditions of works for the Ship-owner.
  • Instructing the vessel’s Master and further support in all commercial issues related to the terms and conditions of the transportation contract (correctness of notices, statement issuing, control of BL signing by the Master, submission and correctness of Letters of protest, inclusion of Ship-owner protection clauses to the documents).
  • Daily monitoring of the vessels’ movements using AIS system, supporting the Master with perspective weather forecasts, coordination of a safe and speedy transition route with him.
  • Appointment of port Agents on the Ship-owner’s behalf, minimizing D/A proformas, adherence to all operational issues on behalf of the Ship-owner.
  • Selection of reliable and cheapest fuel supplier.
  • Full post-fixing (including Demurrage, Dispatch calculations, invoicing and accounts, recording and tracking of the Ship-owner’s funds).
  • Upon completion of each closed voyage, detailed report in electronic or hard copy format (comparison of the estimated TCE with actual one), analysis of delays and time wasting for technical and operational issues, related recommendations to the Ship-owner to improve the Company’s performance.

 ADDITIONAL SERVICES

  • Organization of ship repair & supervision.
  • Assistance and advice on ship repair.
  • Carrying of vessel and companies ISM, ISPS and MLC audits.