Far from getting any easier, management of tankers is certain to get more complex, said Bob Bishop, Chief Operating Officer of V.Ships Shipmanagement, speaking at the Tanker Operator Conference in London this week. With increased regulation and burgeoning media scrutiny on behalf of a cynical public, risks will be greater and risk management will be ever more crucial he said. While Bishop anticipated a gradual increase in third party management outsourcing from the current 15 percent of the world’s tanker fleet, he emphasized that Managers will need to do more to demonstrate control, performance and value to clients in order to win new business .
