MARKET REQUIREMENTS WILL CHANGE
Over the coming months we expect to see signs of a gradual shift to more normal conditions in terms of society, markets, economic and supply chains. But we may never return to where we were. Are you preparing for the markets on the other side ?
Shipping and logistics are unable to escape the turbulence, with crews quarantined and limited access to ports in countries under lockdown. This frustrates the supply chains and much needed process of trimming the world fleet. Vessels and equipment are anchored or laid up, but we know we will be coming out in better times.
ARE YOU PREPARING FOR THE OTHER SIDE OF THE CRISIS ?
With massive humanitarian issues and disorders to the society, we can only help as best we can on a personal level and try our best to ensure our business can survive. However, this is also the time to start planning for the recovery. We need to prepare for the changes and take advantage of the opportunities.
A majority of shipping and logistics companies are reporting significantly reduced liquidity and suppliers pushing for payments. Unless these symptoms are quickly addressed and reversed, business may enter into a vicious circle of decline.
MARITIME PARTNERS ASSIST YOUR BUSINESS THROUGH THE CRISIS AND RECOVERY
We do not have the crystal ball, but we know which steps we should take now in order to be ready when the markets return. Maritime Partners` experienced team assists your business through the crisis and recovery phases. Key issues include :
- BUSINESS ASSEMENT on both Strategic and Operational level. Should the company exit or enter other market segments. What measures can we take to reposition the company for new market requirements. Operational changes necessary short and medium term.
- SHAREHOLDERS. How can existing owners contribute. Shall we introduce new shareholders to strengthen equity, access to market/competency and enabling growth.
- MANAGEMENT ASSISTANCE. Will the company’s management be able to contribute during a demanding phase. Should the existing management be supplemented.
- FINANCING & LIQUIDITY. How is the financing structure matching the company’s short and medium term requirements. Mapping and execution of new terms to strengthen liquidity in order to protect the company through the crisis and support the recovery phase. Access to government rescue funds.
- LEGAL. What is the company’s legal position in key respects. Special requirements in existing contracts. Identify and execute desired changes and opportunities.
- COMPETENCIES. Do we have the required competencies and capacity to achieve our strategic and operational targets in the different phases.
The principal aim is to quickly strengthen the company`s position and to prepare the company for the other side in terms of strategic and operational changes.
The key to success is ensuring that the organisation focuses on achieving immediate results, with senior management adopting a short-to medium term, results-oriented leadership style that creates momentum and a catalyst for change.
Maritime Partners is an independent advisory firm founded by partners with diverse maritime background and network.
We have extensive experience in Strategy, Operations, Shipowning, Finance and Risk Management through senior management positions with leading global and regional maritime companies and maritime start-ups.
We advise our Clients on strategic, financial, operational, organisational and risk issues, leveraging our industry expertise and using analytical rigor. Our aim is to help our Clients to make better decisions and meet their objectives earlier or better. Also, we are committed to take execution roles in our Client’s Company if required by the Client in order to achieve the desired results.
Our Clients include listed and private companies in the shipping & logistics industry, investors, financial institutions, P&I/underwriters and governments globally.