CAPITAL CORP. SYDNEY

73 Ocean Street, New South Wales 2000, SYDNEY

Contact Person: Callum S Ansell
E: callum.aus@capital.com
P: (02) 8252 5319

WILD KEY CAPITAL

22 Guild Street, NW8 2UP,
LONDON

Contact Person: Matilda O Dunn
E: matilda.uk@capital.com
P: 070 8652 7276

LECHMERE CAPITAL

Genslerstraße 9, Berlin Schöneberg 10829, BERLIN

Contact Person: Thorsten S Kohl
E: thorsten.bl@capital.com
P: 030 62 91 92

Interested In The Shipping Industries

Blog
lay up vessel service Malaysia

Shipping industries can be seen thriving, especially since the COVID-19 pandemic has caused havoc around the world. This is because the shipping industries were frequently used for transportation of medical equipment, transportation of raw materials, importation and exportation of food items, etc during the pandemic. If you are interested in starting your own shipping company, first you need to understand the basic rules of doing a shipping business and also the services that you can provide through your shipping company. There are few main things that you need to understand in order to open up your own shipping company. 

lay up vessel service Malaysia

Vessel Lay-Up

There are certain shipping companies that have ships that were not used or out of service that are decked at their harbour. If you were to ever come across this in your shipping company, you can always contact lay up vessel service Malaysia, to take care of these unused or out of service ships. This will help you to easily monitor your working ships and not worry about these unused ships. This will reduce your workload and also will motivate you to come up with new ideas on what you are going to do with these ships that were laid up. 

Brush Up Your Portfolio To Get Clients

This can be the hardest task in shipping industries because if you were to get no clients that trust your services, how are you supposed to run your business? First, you need to build a rapport among the clients as an employee of a shipping company. This is because you can learn a lot by being an employee in an industry that you are interested in instead of straight-up owning the company. Not only that, but it will also help you navigate easily in the shipping industry fields because of the knowledge you gained through being an employee of a shipping company. This will help your clients trust you more because they would feel that you have prior experience in dealing with services related to the shipping industries. 

Procurement Team

Procurement is very important in the shipping industry. This is due to the fact that procurement involves business negotiations. If you are ever to invest in a shipping industry or interested in owning your own shipping company, you need to hire procurement managers. This is because they will be in charge of the goods, services and suppliers purchases as well as price negotiations involved in business transactions. You also need to hire IT services to manage your online procurement system. 

 

These are the main things that you need to pay attention to if you are interested in opening your own shipping company that is involved in shipments and other shipping industry-related services. This is so that you will not feel lost or overwhelmed by the work overload due to the high demand for services in the shipping industry. In addition to that, these things will also help you train your employees better in their tasks and it will also help you maintain your services with no inconveniences being caused.