Third-Party ship-management is the most classical example of outsourcing. However, for third-party ship managers it is of utmost importance that the services they provide to the ship-owners should be at a lower cost level & at a higher quality level than what the ship owners are capable of achieving in-house.

Additionally, in-order to comply with ever increasing legislatory, regulatory & technological changes, ship-management companies worldwide are facing a need for greater inputs (e.g. additional staff, infrastructure etc.) which lead to higher management costs. Here steps in, the need for the modern methodology of outsourcing certain in-house functions to external cost-effective organizations having relevant expertise and quality standards at par with the management company itself.

The advantages:
• Lower costs, improve quality & save time.
• Save additional capital investment (e.g. staff & infrastructure)
• Respond quicker to sudden changes in the business environment
  (e.g. change in business volume / key personnel)
• Extend / Improve your current in-house activities
  (e.g. customer service / quality management)