In the process of shipping management, the management is required to monitor their ship and all the goods that are present on it. The owner of the ship might be different and the responsibility of the management is to manage this ship and get a return for this duty by the owner. Because most of the time, this amount paid by the owner is given on a yearly basis, it is up to the management of the company how to distribute their amount according the role and responsibility of every person involved which might differ from one another. There is a legal contact, which binds the management of the ship and the owner, and any violation of this contract may cause them to face its consequences. A good management team would be approached by several other companies who need their products to be shipped hence it is important for them ensure that their performance continues to improve over the period.
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