ODFJELL SHIP MANAGEMENT OFFERS A FULLY INTEGRATED SERVICE, WITH FLEET MANAGEMENT, CREWING, RISK MANAGEMENT AND TECHNOLOGY SUPPORT. AS  SHIPS ACCOUNT FOR A SUBSTANTIAL PART OF OUR TOTAL FIXED ASSETS, IT IS IMPERATIVE THAT THE FLEET IS MANAGED AND OPERATED EFFICIENTLY, ASSETS ARE PROTECTED AND VALUES ARE MAINTAINED. ODFJELL SHIP MANAGEMENT MANAGES OR SUPERVISES ALL OWNED AND BARE-BOAT CHARTERED VESSELS. AT THE END OF 2015, ODFJELL MANAGED OR SUPERVISED A FLEET OF 45 CHEMICAL TANKERS.

Odfjell Ship Management employs personnel at offices in Norway, Singapore, the Philippines and Brasil, who provide direct support to ships operating in regional trades and ships in the deep-sea fleet, as well as professional crew management located in Norway, the Philippines and Brasil.

In 2015 Odfjell Ship Management continued to develop a safety culture capable of taking health, safety, security and environment performance to a sustainably higher level. All environmental procedures have been reviewed and a new environmental management system manual has been implemented during 2015. The Leadership and Followership Development Programme for our seafarers is fully implemented and provides a significant contribution in developing a professional safety culture based on a common understanding and commitment for Ship Management´s core values.

On our managed vessels 2015 is the best year ever in terms of lost time injuries with a total of seven. The lost time injury frequency for Odfjell-managed ships was 0.72 in 2015, same as in 2014, while the total recordable case frequency was 2.64, 2014 figure was 2.94. We have evaluated all cases and the evaluations support a statement that we have never seen fewer serious personnel accidents on board our ships than what is the result for 2015. Our improving safety performance as well as vetting and port state control performance on board our managed vessels is a frequent confirmation of our professionalism, expertise and constantly focus on safety culture improvement in the last years.

The ship maintenance programme seeks to secure safe and efficient operation, a long useful working life and high second-hand values for the vessel. The maintenance strategy is implemented through criticality analysis and our planned maintenance system supported by an in-house specialist team. A well-structured technical project management team ensures compliance with relevant rules and regulations as well as various ship performance improvements.

The safe operation of chemical tankers depends on highly qualified officers and crew. Our ships are mainly registered in Norway (NIS) and Singapore, and are primarily manned by Norwegian and Filipino mariners with extensive experience. The Flumar fleet, which trades primarily along the Brazilian coast, is manned by Brazilian mariners.

Odfjell Ship Management actively applies risk management processes to maintain and improve performance. Every year Odfjell carries out regular internal audits of ships and offices. Customers conduct inspections through the Chemical Distribution Institute and the Oil Companies International Marine Forum. Periodical surveys are carried out by various classification societies, flag states and port states.

For 2015, a revised in-depth review and gap analysis of our tanker management and self-assessment have been conducted and identified improvements have been completed and implemented by end 2015. When ships or offices report critical situations, accidents, nonconformances or possible improvements through our safety and improvement reporting system, a proper response is prepared and corrective and preventive actions implemented. During 2015, we have further increased the number of management reviews to improve identification and follow up of needed improvements, mainly focused on safety performance, port state control as well as customer acceptance and cost competiveness improvement.  We view this system as an effective tool in our work to increase safety and to prevent injuries, pollution, damage and loss as well as to increase operational performance.

The defined key performance indicators have been actively promoted, measured and followed up during 2015 and external benchmark from class, insurers and others have been included. Active cooperation with some of our main customers towards a zero incident industry has also been a prioritised area in 2015.