Topic
vessel management
Logistics Shipmanagement becomes crisis management as Red Sea diversions alter Asia-Europe operations
Shipmanagement has shifted into crisis-management mode, with Red Sea disruption forcing Cape of Good Hope diversions that add thousands of miles to Asia-Europe voyages. Splash247 reports decarbonisation targets, crew-change bottlenecks, war-risk cover and GPS spoofing are compounding the strain on vessel managers.
Logistics Shipmanagement Industry Stagnant at 20% Outsourcing, Former Columbia Group CEO argues for Reinvention
Mark O'Neil, former president and CEO of Columbia Group, writes in Splash247 that outsourced shipmanagement still accounts for only about 20% of the global fleet, with 80% of operators preferring in-house models. He argues that the industry must move beyond traditional third-party approaches to embrace closer second-party partnerships and technology to become more compelling for the majority of maritime operators.
Logistics Private Equity in Shipmanagement Sparks Debate Over Long-Term Safety and Operational Trust
Private equity's growing role in third-party shipmanagement is fueling concern among industry veterans about a mismatch between short-term investment horizons and the long-cycle, safety-critical nature of vessel management. Critics argue that cost-cutting driven by exit objectives can undermine crew training and operational reliability, while others see benefits in cost control and governance. The debate has direct implications for charterers and logistics managers who rely on managed vessels.