9 Ways to Choose the Best Ship Management Companies in Dubai
There are two types of companies in shipping – ownership and management companies. As the name suggests, ship management companies deal with managing the ships. These companies manage the ownership ships of either independent owners or ships of other companies. The ship management company manages the entire ship on behalf of the owner of the ship and pays him a yearly amount which is agreed upon by the owner and the ship management company. This contract allows the owner to lease the ship to the ship management company for a predefined or for a definite period. After the contract expires, the owner may continue with the same ship management company if the services of that company are satisfactory. If the performance of a particular ship management company is not satisfying, the owner resorts to the other company. The owner can lease the entire ship or he can only buy a few services provided by the ship management companies in Dubai. Logistics and ship these two entities always...