Commercial Management

COVL offers Commercial Management of the vessel(s) on behalf of the owner to the vessel owners, both on time charter (bareboat) or voyage charter basis and from spot to period employment.

Commercial management of the vessels, including:

1. Chartering and daily operation of the vessel, including bidding for tenders and long/medium term contracts and fixing of the vessel on behalf of the owners;
2. Interaction with ship agents, stevedoring companies, ship chandlers, port authorities, freight brokers, charterers;
3. The appointment of ship agents, ship chandlers and other partners and the organization of ship services in ports

Operations, encompassing:

1. The safe, economic and efficient management of the vessel;
2. Arranging bunkers, appointing agents and surveyors associated with the commercial operation of the vessel/project, providing voyage instructions and weather routing

Voyage estimates & calculations, controls and accounting, providing:

1. Voyage accounting and calculation of freight, demurrage and despatch monies and collection of freight on behalf of Owners;
2. Payrolling and OPEX
3. Monthly reporting to Owners

Technical Management

Technical management are made available to Ship Owners to meet specific operational and maintenance requirements of vessels. With efficient processes aided by Technology we endeavour to improve efficiency and service quality.
Technical management includes

1. Technical management of vessels
2. Procurement and logistics arrangement
3. Flag-state recommendations and interactions with the flag-state
4. Insurance- and claims management
5. ISM / ISPS / MLC compliance and compliance with the non-mandatory regulations
6. Consistent monitoring of the operation, performance and condition of the vessel to maintain her safe, reliable and efficient operation and asset value
7. Newbuilding supervision
8. Dry-dock supervision
9. Repair supervision
10. Project management

Crew Management

We at COVL consider the crew to be the most important factor in ship management and securing a crew with a high retention rate is our highest priority. A loyal, stable and skilled workforce contributes to cost effectiveness and efficiency. A professional ship management is based on our strong team working together at sea and ashore.

Crew Management Includes

1. Competence management according to industry's and Owners' needs
2. Recruitment and selection of high standard crew
3. International headhunt, if needed
4. Adhering local content regulations, if required
5. CBA negotiations