Technical Ship Operations: A Primer Presented at Webb Institute of Naval Architecture Glen Cove, New York 24 October 2004 Presented by Peter K. Wallace, ‘93 Outline Make a few introductory comments. Review ship types and fleet sizes. Discuss ships and their operations.
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Webb Institute of Naval Architecture
Glen Cove, New York
24 October 2004
Peter K. Wallace, ‘93
For those entering shipping, other than military, will likely be working with tankers and dry bulk.
Sources: Company Information, US Navy League, Yahoo Finance
Source: Shipping Facts
Approximate Total: 2,500 ships in international trade
Source: Poten & Partners
These organizations form the rules, practices and enforce the same.
There are many others as well.
Shipping is no longer the closed club that is beyond the site of the public.
Shipping is entering age of being an open and accessible industry. Shipping’s operating practices reflect this maturing into modern market dynamics.
Flag State is important for corporate, crewing and trading reasons.
All varieties of operating models are common. Many firms use a variety of models on a case-by-case basis.
Focus on the Technical Management
Occurring within the time frame of the next port call or is otherwise an immediate action item.
Occurring in a frame of 3-12 months
Typically strategic and certain tactical activities, including business development, liaison activities, corporate planning and arranging long term contracts.
And almost anything else beyond a 12 month window.
Strategic, Tactical and
Growing world trade is good for shipping.
Enforced by Port States, Flag States very aggressively
“When goods don’t cross borders, armies do.”
“The problem is that shipping is like the larger world in which it operates—an inherently disorderly affair, existing mostly beyond the reach of nations and their laws, beyond the dikes and coastal horizons, and out across the open seas. It is not exactly a criminal industry, but it is an amoral and stubbornly anarchic one. And it admits as much about itself…”--William Langewiesche