Ship Management: Some Things Never Change

Following 30 long periods of running one of the world’s driving boat administration organizations, Olav Eek Thorstensen has ventured down as CEO of Singapore-based Thome Group, leaving his successor, Olav Magnus Nortun, to take control. Be that as it may, with Olav Eek Thorstensen taking on the position of Thome Group Executive Chairman, there is a lot of involvement and administration intellectual competence accessible to enable the gathering to develop and fortify in the years ahead.

What challenges have been set for you at Thome?

The requirement for shipowners to cut expenses is a ceaseless topic of the market and with just 20 percent of proprietors utilizing outsider chiefs, there are a lot of chances to expand on the extent of work and administrations we can offer our customers. Now and again, proprietors are gaining cargo incomes up to 20 percent underneath opex – a factor which makes its own particular productivity issues for them. This is the place a quality ship supervisor can help, not simply through his bigger obtaining and authoritative power yet additionally through usage of attempted and tried procedures and systems in key territories, for example, manning – enlisting, preparing and maintenance – and also all features encompassing the specialized administration of the ship.

As an organization, we are concentrating on natural development. We need to keep our situation as the chiefship administration organization and ensure we keep on enjoying solid, feasible natural development. Ship administration is about an association with our owning principals, and it is essential that the organizations we work with share a similar administration ethos and the drive for quality that we as a gathering endeavor to convey. As you surely understand, Thome is a noteworthy power in the administration of the present trader ships, particularly tankers, however we are likewise a built up outsider supplier of seaward administrations, and we plan to be as quite a bit of a pioneer in the developing seaward area as we are in our customary vessel segments.

The present low oil cost is a gift for fuel acquiring yet a revile for the oil investigation and improvement industry. Seaward administration vessel proprietors need to cut expenses by in the vicinity of 20 and 30 percent, which opens up promote open doors for the outsourcing of specialized administrations to outsider ship administration organizations like us. So we see this continuous circumstance as an opportunity.

The transportation business has its work cut out pushing forward the limits of vessel operational productivity – a test that Thome is as of now meeting and will keep on meeting.

Where will you roll out improvements?


Thome Ship Management offers full ship administration administrations for vessels exchanging around the world. We have a long history of effective administration of a wide range of vessels especially tankers, mass transporters and compartment ships. The organization was a pioneer in dispatch administration and has a full suite of administrations it can offer its customers. It is a well-run association.

So I am hoping to see where we can use our qualities so we can additionally create them. To be more effective, we are taking a gander at what we will outsource and how we will scale the association pushing ahead.

We have a major nearness in the Philippines, one we have had for quite a while. We center around running and obtaining there yet may extend that further. Croatia is likewise a decent hotspot for officers, and we are taking a gander at the possibility of setting up a specialized focus there.

Furthermore, LNG-fuelled vessel administration is winding up increasingly of a request from our principals so we are intending to scale up that action.

What encounter do you convey to the activity?

Before joining Thome, I worked with DNV GL in an assortment of positions where I increased wide involvement in the oceanic business, particularly vital improvement and administration of creation, information administration and frameworks identified with send order.

I got a Master of Science in Naval Architecture from the Norwegian Institute of Technology with a postgraduate proposition in Management in a Technological Environment, and I have gone to senior administration courses at INSEAD, Fontainebleau, and IMD in Lausanne.

How does Thome enlist its seafarers?

Propelled in 2005 under Thome’s Human Element activity, the Thome Global Cadet Program has effectively prepared more than 1,350 cadets from no less than 12 nations in Asia, Europe and the Far East. At present, there are 650 cadets at different phases of preparing on the program with another 250 or more because of join soon as a deck, motor, and electrical and providing food cadets in 2015. The achievement of this plan has empowered Thome to fill the greater part of its 2014 junior officer opportunities from inside its own particular pool of prepared seafarers.

What are the specialized difficulties without bounds?

Present and future enactment identifying with emanations can be trying for shipowners. Take the Ballast Water Management Convention, for instance. Proprietors need to recognize what is the correct item they have to put resources into and when do they have to contribute. They ask us: Is there a framework that is really following all the enactment? The tradition has been around for around 10 years now, despite everything we haven’t got a firm usage date. Regardless we don’t have adequate quantities of providers or gear endorsed. What will happen? That is a genuine test for everybody.

S M Ship Management and Equinox Shipping has joined hands for the modern Shipping Management It is an objective of our organization to provide a proper technical and crew management excellent service to our clients. Both Companies are merged to work with big ideas to grow its internal strength by developing new infrastructures, and quality services. Our concentrated areas are  SM Ship ManagementSM Ship Management and much more…

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