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Mon, Aug

Op-Ed: Choosing rewards over risk in third-party ship operation

World Maritime

By René Kofod-Olsen, CEO, V.Group  Over halfway into 2025 and the shipping industry continues to be pressured by the forces of transformation that surround it. Most recently, the International Maritime Organization agreed

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René Kofod-Olsen

By René Kofod-Olsen, CEO, V.Group 

Over halfway into 2025 and the shipping industry continues to be pressured by the forces of transformation that surround it. Most recently, the International Maritime Organization agreed to a Net-zero Framework at MEPC 83, heralding a new, more stringent chapter in the industry’s decarbonization pathway. Geopolitical challenges also continue to influence market forces and trade patterns, presenting another layer of complexity for shipowners and operators. These converging pressures are, paradoxically, supporting the acceleration in clean technology adoption and digitalization as operators seek solutions that can simultaneously address regulatory requirements whilst strengthening their competitive position.

Keeping up with these complexities requires economies of scale and a multi-disciplinarian approach, spanning a range of areas beyond ship operation—including procurement, crew training, regulatory compliance and technology deployment. For smaller shipowners, the cost of effectively developing and maintaining in-house expertise in all these areas increasingly outweighs the perceived expense of partnering with a professional manager.

The scale and scope of

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