Our Ship Management Approach

Ship Management is an art and undoubtedly the most demanding one. In the Shipping Industry, the operational environment is under constant changes effected by a multitude of variables and correlated parameters that need to be taken into account in every step of the operational process. The paradox of Ship Management rests at the speed of decision making relative to its consequent long term impact.

With 30 plus years of active experience, spanning the breadth and depth of the Ship Management sector, the DANAD Management team is unalterably most skillful in timely decision making and finds itself in the unique position to immediately respond to the challenging Maritime Environment, through their Experience and Professionalism. Every function of DANAD, is supported by extensive knowledge and is optimally coordinated through the whole organization towards its Integral Operation. Clients trust DANAD, to offer a consistently professional service of exceptional quality.

The essence of DANAD’s management is the Operations and Technical departments, entrusted with the challenging task of synchronizing and monitoring the activities of the Company’s divisions, Vessels, Charterers and Third Parties Services, in order to, fulfill its clients’ high expectations. DANAD’s reputation for cost efficient operations, consistency of service and reliability is mainly attributed to the high quality of work and IT tools employed by the Company.

The DANAD Chartering Brokers enjoying excellent relationships with First Class International Charterers. They evaluate the various alternative employment opportunities, whether on the spot, or time charter market and choose the best possible option for the best management of the Company’s vessels. In addition, the long standing, strong relationships with global Charterers, allow DANAD to achieve top freight rates in the market. The S&P department, with its extensive market knowledge, coverage on ship valuations and timely provision of accurate information on shipping opportunities, allow DANAD to record notably high surplus value in its track records.

DANAD believes in the value of proactive maintenance and full compliance to International Administrations and Maritime Organizations’ regulations and Classification Society requirements. Under the watchful eye of the Operations department and the adequate support by its highly experienced Technical Team, each vessel is under constant monitor, in order, to ensure the vessels good condition and proper performance.

DANAD is manning the vessels with very competent, experienced and fully qualified Officers and Crew, always according to the flag requirements and international standards. It supplements its employees with constant training, in order to, improve their readiness and performance, thus, ensuring environmental friendly and safe operations at sea, both for the people, as well as, the vessel and its cargo.

All the above functions, know-how and expertise, are further enhanced through the full implementation, with the state of the art Information Technology Tools. These tools provide a high network of fully integrated parts, enabling the communication and time alignment of all the information between the office and the vessels. The implementation level of the decision support system, makes DANAD a fully documented Company, with its daily decisions and business investment planning based on the continuous market analysis by DANAD’s R&D tools..

DANAD Shipping Company Limited, is located in Piraeus, Greece and this offers a number of advantages that further enhance the Ship Management services that it offers, including:

  • More than 750 shipping companies operate out of Piraeus managing or owning about 3000 vessels aggregating about 170 million dwt, representing more than 16% of the world’s fleet; (Source: UNITED NATIONS PUBLICATION, REVIEW OF MARITIME TRANSPORT 2009, UNCTAD/RMT/2009, ISBN 978-92-1-112771-3)
  • All major financial institutions with an interest in the shipping industry have a local presence in Piraeus;
  • Piraeus is well known for providing highly educated and experienced senior shipping officers both ashore and on board;
  • Piraeus is an international centre for the shipping industry and has an extensive and specialist professional infrastructure (in the form of charterers, ship brokers, banks, class societies, insurance advisers and legal maritime advisors) within easy reach;
  • The focus on the shipping industry and the availability of specialist resources provides the opportunity for creating cost-efficiencies; and
  • Piraeus is a tax-free centre for shipping under the Greek preferential law.