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InterManager calls for management fees rethink to back the provision of quality management services

Unethical practices have no place in today's quality shipmanagement sector and, if reported, are the exception rather than the rule, according to InterManager, the trade association for in-house and third party ship managers.
 
"Today's quality third party managers embrace a process of increased transparency and closer cooperation with their principals to ensure the highest standards of shipmanagement are continually maintained," said Guy Morel, InterManager General Secretary.
 
"We are working on a number of ideas to achieve this goal, including the definition of operational Key Performance Indicators and an encompassing Running Cost Data Base.
 
“Maybe the time has come for ship owners and ship managers to sit down and examine the whole management fee structure to ensure that quality managers performing the quality management task they have been asked to do can be rewarded for the essential work they carry out,” Morel added.
 
InterManager's remit as the trade association for the management sector is to enhance quality, professionalism and transparency among its membership and throughout the industry in general. But InterManager is also hoping for an understanding that these goals require that the profession is able to achieve reasonable levels of earnings.
 
Guy Morel added: “An equilibrium has to be found whereby owners enjoy efficient services and managers are incentivised to work openly and efficiently.”
 
Membership of InterManager continues to grow. Today some 30 managers and managing owners, representing over 2,500 ships, are members of the association.

 
Concurrently a large number of groups interested in shipmanagement are joining as Associate Members.   

               

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