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INDUSTRY - SHIPMANAGEMENT<br />

BSM comes of age<br />

With the ink barely dry on the regrouping programme undertaken by the Bernhard<br />

Schulte Shipmanagement Group (BSM), TANKER<strong>Operator</strong> spoke with ceo Andreas J<br />

Droussiotis about the coming together of the group’s diverse shipmanagement concerns.<br />

BSM is in the big league and currently<br />

manages a fleet of 648 vessels; 285<br />

fully managed and 363 crew<br />

managed and 44 confirmed until the<br />

end of 2008. Furthermore, the group employs over<br />

17,000 personnel on board and onshore.<br />

Droussiotis explained that the whole<br />

purpose of the merger was to protect the<br />

business and invest in a stronger future. "As<br />

with any unification, the systematisation of<br />

the group is taking time with close cooperation,<br />

and a lot of hard work.<br />

Organisations have used acquisitions to reach<br />

new markets and acquire new customers. We<br />

prefer to expand gradually, keeping all<br />

operations under control", he said.<br />

The decision to merge the various companies<br />

was taken by the group as a whole. The<br />

management teams of each concern considered<br />

this as the best solution for the future.<br />

"Merging a group of companies and diverse<br />

cultures under one banner is a challenge, in<br />

addition to a great opportunity. Situations like<br />

this are never easy to deal with. You suddenly<br />

recognise the need to put in place more<br />

effective standards and policies. In order to<br />

achieve this, effective leadership and<br />

teamwork have to be reached on all levels.<br />

"Both the challenge and the opportunity are<br />

there, and by unifying the group of companies,<br />

Bernhard Schulte Shipmanagement plans on<br />

representing just what the power of unity can<br />

Andreas Droussiotis<br />

28<br />

mean in the shipping industry. The result? Being<br />

better for the clients, for the employees and for<br />

the shareholders", Droussiotis said.<br />

Droussiotis explained that the company plans to<br />

manage costs within the integrated group to profit<br />

from opportunities in the shipping industry, while<br />

continuing to provide quality shipmanagement.<br />

"Ultimately, there will be savings; however, we<br />

expect the usage of concentrated power to yield<br />

positive results", he said.<br />

"BSM has a strong management team, with<br />

an established reputation for success. Working<br />

under one banner, the new structure will only<br />

reinforce our efforts to further develop the<br />

opportunities throughout our organisation," he<br />

said talking of the integration of senior<br />

management. New roles have been assumed by<br />

members of the management team, and new<br />

roles were also being made available to cope<br />

with the expansion of the group and the shift in<br />

management roles. "Everyone has taken up<br />

their new roles and they will work fully for the<br />

success of the group", he explained.<br />

All ship management units, which were<br />

previously under the control of the separate<br />

main companies will become fully fledged and<br />

provide all the services to clients directly. Due<br />

to the fleet separation, which was organised for<br />

various reasons, they will report to the group<br />

fleet directors for the different vessels who will<br />

be responsible for their operations.<br />

As a result of the coming together, BSM's<br />

clients' fleet are now managed by strategically<br />

located service delivery centres (SDCs)<br />

around the globe. "These have the specialist<br />

knowledge, the experience, the up-to-date<br />

systems and certifications in place to manage<br />

all types of vessel and fleet currently in<br />

service with maximum efficiency", he said.<br />

He said that from containerships,<br />

conventional bulkers, gravity-fed self-unloading<br />

bulk carriers, through Panamax, post-Panamax,<br />

Handysize, ro-ros, pure car carriers, crude,<br />

chemical, LNG, or LPG tankers, to heavy-lift<br />

vessels, semi-submersibles and FPSOs - the on<br />

board and onshore specialists are highly<br />

experienced in managing vessels and fleets of<br />

every type and age.<br />

Basically, the fleet has been divided into<br />

three categories - dry, tanker, gas/LNG and<br />

each category is managed by a team headed<br />

by a group managing director.<br />

Droussiotis said that the most important<br />

issue for BSM was nothing else but the<br />

continuous training and upgrading of its own<br />

people. The majority of people in BSM's<br />

present training facilities/schools come from<br />

the Philippines, Cyprus, India, and to a lesser<br />

extent, the ex Soviet states.<br />

"Our foundations stand by the principle to<br />

own the agencies we recruit from. We have<br />

the company's policies, philosophy, mentality<br />

and recruiting standards within these agencies,<br />

as well as the training we conduct in these<br />

areas", he explained.<br />

He said that building relationship and<br />

professional networks were just some of the<br />

elements that keep the shipping industry on its<br />

toes. Leadership, collaboration,<br />

communication; these are aspects that are<br />

needed to keep the human factor from<br />

growing stagnant. It is the human factor issues<br />

that are capable of acting as catalysts in<br />

developing technologies, expansion rates, and<br />

so on. "However, with strict follow-up of the<br />

policies, we are able to cope with the<br />

immense problem, as well as with the<br />

unreasonable escalation of wages, which we<br />

try hard to cope with", he said.<br />

As for specialist vessels, Droussiotis said<br />

that over the years, the group has managed a<br />

large number of gas and chemical vessels.<br />

The shipmanagement units are capable of<br />

providing experienced crews for these vessels<br />

from the BSM pool with the guidance and<br />

control of the group managing directors.<br />

"We have a number of our seafarers, both<br />

officers and ratings, who have been with us for<br />

over 10 years; a good number who have been<br />

with us over 15-20 years. Dependable seafarers<br />

are harder to come by today; which is exactly<br />

why we work harder to keep them. We have a<br />

good number of senior officers who started as<br />

ratings with us, meaning we have been satisfied<br />

with their performance and they have been<br />

pleased with us as employers", he said.<br />

As for Hamburg, Droussiotis said that<br />

Bernhard Schulte's role in the group today is like<br />

in the past- that is the role of the shareholders.<br />

There is close co-operation and an information<br />

flow, but the company is not involved in BSM<br />

operations at all, he stressed.<br />

TO<br />

TANKER<strong>Operator</strong> � August/September 2008

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