A Way Forward for Ship Classification and Technical Services
Classification societies are one of key organizations that promote the highest standards in ship safety and quality shipping. The paper reviews the ship classification industry and identifies what the classification societies can do to add value to the maritime industry more effectively. To meet thi...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2014-04-01
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| Series: | Asian Journal of Shipping and Logistics |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2092521214000108 |
| _version_ | 1818562328006754304 |
|---|---|
| author | Lam-Bee Goh Tsz Leung Yip |
| author_facet | Lam-Bee Goh Tsz Leung Yip |
| author_sort | Lam-Bee Goh |
| collection | DOAJ |
| description | Classification societies are one of key organizations that promote the highest standards in ship safety and quality shipping. The paper reviews the ship classification industry and identifies what the classification societies can do to add value to the maritime industry more effectively. To meet this objective, an analysis of the five competitive forces is carried out, together with an opinion survey performed on some of the leading shipping companies, to assess and to establish some of the key factors which should be considered when formulating an overall business strategy for the growth of the classification services business. The findings from the study are discussed with the strategic options and choices. A classification services industrial value chain analysis together with ship management and operation is undertaken to explore the opportunities for classification societies. These findings also provide guidance to policy-makers who design and seek to implement more effective international shipping policies. |
| first_indexed | 2024-12-14T01:02:15Z |
| format | Article |
| id | doaj.art-6e309e78dd8a4e7ca4f433ff245bb862 |
| institution | Directory Open Access Journal |
| issn | 2092-5212 |
| language | English |
| last_indexed | 2024-12-14T01:02:15Z |
| publishDate | 2014-04-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Asian Journal of Shipping and Logistics |
| spelling | doaj.art-6e309e78dd8a4e7ca4f433ff245bb8622022-12-21T23:23:12ZengElsevierAsian Journal of Shipping and Logistics2092-52122014-04-01301517410.1016/j.ajsl.2014.04.003A Way Forward for Ship Classification and Technical ServicesLam-Bee Goh0Tsz Leung Yip1Marine Consultancy & Training Services Manager, Lloyd's Register Asia, SingaporeAssistant Professor, Department of Logistics and Maritime Studies, The Hong Kong Polytechnic University, Hong KongClassification societies are one of key organizations that promote the highest standards in ship safety and quality shipping. The paper reviews the ship classification industry and identifies what the classification societies can do to add value to the maritime industry more effectively. To meet this objective, an analysis of the five competitive forces is carried out, together with an opinion survey performed on some of the leading shipping companies, to assess and to establish some of the key factors which should be considered when formulating an overall business strategy for the growth of the classification services business. The findings from the study are discussed with the strategic options and choices. A classification services industrial value chain analysis together with ship management and operation is undertaken to explore the opportunities for classification societies. These findings also provide guidance to policy-makers who design and seek to implement more effective international shipping policies.http://www.sciencedirect.com/science/article/pii/S2092521214000108Classification SocietyTechnical ServicePorter Five ForcesIndustrial Value Chain |
| spellingShingle | Lam-Bee Goh Tsz Leung Yip A Way Forward for Ship Classification and Technical Services Asian Journal of Shipping and Logistics Classification Society Technical Service Porter Five Forces Industrial Value Chain |
| title | A Way Forward for Ship Classification and Technical Services |
| title_full | A Way Forward for Ship Classification and Technical Services |
| title_fullStr | A Way Forward for Ship Classification and Technical Services |
| title_full_unstemmed | A Way Forward for Ship Classification and Technical Services |
| title_short | A Way Forward for Ship Classification and Technical Services |
| title_sort | way forward for ship classification and technical services |
| topic | Classification Society Technical Service Porter Five Forces Industrial Value Chain |
| url | http://www.sciencedirect.com/science/article/pii/S2092521214000108 |
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