Provide for the unexpected, it happens
Provide for the unexpected, it happens
Is your crew happy and well looked after ?
Are your Bunker Suppliers and mainstream insurers 1st class, reliable partners ?
If your answer is yes to both, you are fulfilling the minimum requirements to ensure a smooth operation. You are in control. But are you sure you really are ?
Traditionally, owners felt in control by ensuring their crew and bunkers were looked after, and that the compulsory mainstream covers were in place. After all, what could possibly go wrong that would not be covered by these mainstream measures?
Today?… Plenty!
Today, navigation lanes and trading constraints are more complex and unexpected problems just seem to follow you around. Minor incidents can make a sizeable dent in your budget, and today’s inflation makes keeping crew happy and 1st class bunkers more expensive.
And of course, when something that “never happened to you” finally does, the cost of repairs or services you might need will be much higher (our followers will recognise the “Never Happens To Me Club” reference)
If an owner can pass all of those increased cost to the client, great!
But what if he can’t?
How do you keep control over the planned and the unexpected?
