Reasons for its inclusions in business profile:

1. Current shipping market scenario is not favorable to ship owners due to extremely low & non sustainable charter rate.
2. Some Ship Owners has small fleet, thus witnessing non-sustainable in-house technical management expertise.
3. There exist a lack of competent and commercially viable solutions, available in UAE to cope-up with above requirements.
4. The average weightage of crew related cost, in general is in range of 65% of  general OPEX.  Proper selection of economical crew (with diversified nationality) and subsequent shipboard practical training has yielded wonderful  result with substantial cost saving.
5. Globenav Maritime has precisely reviewed above issues and thus incorporated Technical and or crew management as core business area. Following activities are also a part of ship management system which will  cover  Ship’s vetting, Repair supervision, Vessel certification, Post-fixture services, Voyage monitoring, Port agency services, Security arrangements, Claims handling etc.

It is also asserted that GNM would undertake  guaranty to upkeep the vessels general, operational, structural and cosmetic conditions to higher degree after induction to management system.