1. Company overview: Oman Shipping Company S.A.O.C. (OSC), unified in 2003, has the knowledge to deliver maritime conveyance to Omani Exim trade and increase Omani maritime civilizations to make it different from others in the region. Oman shipping company concealments areas like vessel operations, maintenance, crew supervision, vessel checkups, bunker procedures, etc. The company is also intricate in ship owning, rental and technical supervision activities through its subsidiary corporations: Oman Charter Company S.A.O.C., Oman Ship Management Company S.A.O.C. and Oman Container Line S.A.O.C. The shipping chief continues to look for areas for growth that straight benefit Oman and augment its budget. OSC is possessed by the Government of Oman with the Ministry of Finance and Oman Oil Company S.A.O.C. holding 80 per cent and 20 per cent stakes, correspondingly. For the company, working excellence is …show more content…
The company is working on increasing its fleet to 60 vessels by 2016 with an addition 10 MR Tankers which will be distributed during 2015 and 2016 as well as some other leased in vessels that are anticipated to join as per OSC’s business requirements. Oman Ship Management Company is presently managing 27 vessels counting full practical management of possessed and third party vessels as well, including of 10 VLCCs, 6 LNG vessels, 4 VLOCs, 3 LPG vessels, 2 Methanol Carriers, 1 Chemical Tanker and 1 MR Tanker and 1 Multi-Purpose Vessel. Moving forward, OSC has tactics to bring more of its vessels under OSMC’s technical organization. Oman Shipping Company has supported to the expansion and advancements of ports and free zones areas in the Sultanate thereby merging the planned partnerships with business acquaintances in general and in precise the local and thus fundamental straight to the development of In-Country
After approval of the decisions, the required resources including personnel and equipment were to be procured through a tendering process with the approval of the top management team. This step required substantial investment in terms of capital, licenses, patents and time. The management team was to consider the implications of allocating such massive resources to ensure that even if the venture fails, the company will still be sustainable. Once the resources were to be availed, the implementation of the strategy was to commence. In this case, the operation of the offshore plant would start is operations.
Currently, foreign cruise liners operate almost completely outside of the scope of the U.S. tax system, and this arguably has a discriminatory impact on U.S. cruise lines. Generally, if a foreign corporation is deemed to have a permanent establishment in the United States, they are subject to a tax on the portion of their income that is attributable to the U.S. For example, if a foreign clothing company, had just one small store in Miami where there could be “continuous and systematic” presence, it would be viewed to have a permanent establishment and taxed 30%. Since foreign cruise corporations fall into the category of “shipping,” the headquarters they have in the U.S. aren’t considered a permanent establishment. Therefore, the U.S. isn’t
Safety within SEA, as in any other organization, must start with commitment from the top. That begins with top level executives and stakeholders whom must share the same drive and commitment to safety as Steve does. Those upper management individuals must in turn ensure the performance of middle managers, the quality of...
This report provides an analysis and recommendation of current issues faced by Singapore-based Meli Marine, a leading container shipping company in the intra-Asian market, weather gain a presence in the Asia-North America trade routes through an acquisition of 16 vessels of Teeh-Sah Holdings. On the surface, this opportunity would expands Meli’s business and diversify it’s operations and provide a protect function against a downturn in intra-Asian market. But, this oppotunity will bring Meli lots of economic risks. It would return Meli to its former less flexible model with owning vessels also. I recommend that Meli giving up this opportunity and keeping going current excellent customer service then gradually into TransPacific
The Provision Master is facing a challenge jobs because the Provision Master must analyze the previous trips experiences, the season, and the current customer base so that enable to come out a list which can satisfy the passengers’ need. The Provision Master may need to consider where the passengers from like US based, European based or Asian based because different region passengers consume different things. The Provision Master also has to consider the number of child passengers on the cruise because they consume less than adult passengers. When the list is finalized, it is transmitted to RCCL’s procurement department, which then does an extract in the system and sends purchase requisitions to suppliers via electronic data interchange (EDI), fax or e-mail.
The article was written by professionals at the School of Logistics at Inha University in Korea. This source discusses the newly immerging cruise industry in various Asian countries. The researchers came up with mathematical equations to foresee the economic impact the industry will have on various Asian economy’s. With the information predicted, the data was organized into charts that breach down each expenditure into sectors such as, food and kindred products. The information presented could present a bias considering the researchers are Asian and they are forecasting the outcome and effects on an Asian economy. Overall, the source presents statistical data, of the benefits of the cruise ship industry, in an emerging market.
Introduction: Leighton Holdings is Australia’s one of the most reputed organization, which is active in engineering and infrastructure, mining and resources, environmental services industries and telecommunications which is listed on the Australian Securities Exchange since 1962. This company has operations in different countries including Australia, South East Asia, New Zealand, Vietnam, China and Middle East. The main focus and activities of Leighton Holdings include market positioning, strategic direction and planning, financial management and corporate and public affairs.
SIVA Shipping is the shipping arm of SIVA Group, an international conglomerate with headquarters in Chennai, India. SIVA Shipping operates out of offices in Singapore, Mumbai, Dubai and Oslo with more than 50 employees worldwide. SIVA Group is an ISO 27001:2005 certified company for implementing best practices in information security processes and systems. Portfolio Investments of SIVA Group includes Olive Farms in Argentina. SIVA entered the shipping business in 2008 with the acquisition of Norwegian company JB Ugland Shipping. SIVA Shipping has its offices in Singapore, Mumbai, Dubai, and Oslo. SIVA Bulk is one of major carriers of Coal into India and has emerged as a significant freight operator. SIVA Realty focuses on investments in agricultural, residential and commercial land banks. SIVA Realty’s assets include built-up space in IT parks, commercial & residential buildings & resort properties in India and abroad. SIVA Chemical, SIVA Gas, SIVA Tanker, SIVA Offshore and SIVA Bulk [formerly Crossbridge Shipping] are the five core business units of SIVA Shipping. SIVA Bulk (Formerly Cross bridge Shipping) is one of SIVA Shipping’s core business unit. SIVA Bulk Limited, Singapore, established in 2009, is a dry bulk operator providing global seaborne transportation solutions to a wide base of clientele both in Atlantic and Pacific
Malaysia has many berths and terminals that handling dry bulk cargoes such as Johor Port Bulk and Break Bulk Terminal (BBT), Prai Bulk Cargo Terminal (PBCT), Penang port, Lumut Maritime Terminal Sdn. Bhd., Westports, Northport (Malaysia) Bhd., and Port Klang. Johor Port Bulk and Break Bulk Terminal (BBT) currently operate 8 berths. North Port have five berths that have been designated for handling dry bulk cargo. Westport handling 4 berths that each measuring 200 metres in length and 15 metre in depth and are capable of handling ships of up to 80,000 tonne capacity. Lumut Maritime Terminal Sdn. Bhd handling cargoes such as salt, PKE, limestone and coal. Northport handles dry bulk cargoes such as grain, maize, coal, marine salt and fertilizer.
T J Marine Products Company was incorporated on 16 Jan 2014 in Rathnagiri. The registered office address is #9(B), Manoor Fisheries road, Kotathattu village, Kota, Udupi dist, 576221. The company has as authorized capital of 10,00,000. Which is also manufacturers of fish proteins and oil products.
Oman Cables Industry company (SAOG) . It is responsible to produce and manufactures electrical products. Which include medium voltage power cables, low voltage power ,control cables, instrumentation cables, pilot cables, overhead power transmission line conductors and building wires.
Maldives Transport and Contracting Company, (MTCC) was incorporated in 1980. The company was established with the objective to contribute towards the development of infrastructure and transport service in the country. Since then MTCC has positioned itself as one of the strongest business entities in the country with a diversified range of products and services, with a work force of over 1090 employees across the country. Today the company offers a diverse range of services such as construction and project management services, logistical operations, modern transport services, engineering and docking service and a plethora of reputed product as, Yanmar and Suzuki marine engines, Hamilton propulsion system, Castrol lubricants, Sigma protective
In this easy I’m going to discuss about the two banks, once in the local bank (National bank Of Oman) and second in the foreign bank (Habib Bank Ltd) and how to apply SWOT analysis to critically compare and contrast the strategy and performance. Also will suggest four way for the National Bank of Oman may improve and Sustain its competitive advantage.
The transportation & logistics industry is a form of industry that keeps people and products on the move, it includes airlines and airports, shipping companies, logistics service providers and other transportation companies. That’s why it is considered the backbone of modern global supply chains. In a place like the Kingdom of Saudi Arabia that has diverse geography with a dry desert and great temperature extremes and a large area of about 2.1 million square km, a transportation & logistics industry is a necessity. Imagine you need to move from one city to another (of course it will be so hard to cross large areas of empty deserts) you have only two options to transfer from one to another city; the first option is to drive and the second option is to fly and ship your car via a car transport carrier. The harsh climate in Saudi Arabia makes people to prefer using the second option, this cause the market of transport market to enlarge. Albassami International Group is one of the biggest companies established to satisfy those needs. It is considered one of the biggest companies specialized in vehicle transportation in the Middle East. The philosophy of the company is to serve the needs of the clients over the span of thirty two years, throughout which they constantly had an eye to the future by evaluating the most appropriate ways in which to make transporting clients’ vehicles via the best and safest answer. They operate round the clock to serve clients at all times.
There are so many evolution have been happen to the ships, equipment used and navigation style. Now the ship officer has myriad of marine navigation equipment which makes his life a lot simpler compare to older times where the ship navigation officer had to take help of unconventional ways to plan and navigate a voyage at sea. Some improvement also made to the maritime