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Stamoulis Publications S.A.
“Marketing of shipping companies is the science of business to business marketing, which helps the shipping enterprise establish
 an organised methodology in order the right people of the company (personnel and crew) to provide the appropriate sea transport
 services, with the proper (seaworthy and cargoworthy) vessel, to the appropriate clients (charterers – shippers), at the right place
 (port or geographical area), at the right moment of time, at the appropriate freight (or hire), with the suitable promotion”.


                     the Institute
    Reco mmended by ipbrokers
                   Sh
      of Chartered
                                                               MARKETING OF SHIPPING COMPANIES
                                                               A TOOL FOR IMPROVEMENT OF CHARTERING POLICY
                                                               Marketing of shipping companies requires particular strategies and tactics that
                                                               traditional marketing books do not fully reflect. This book does not attempt to replace
                                                               them. Instead, it intends to fit fully within a framework of internationally accepted
                                                               marketing principles and develop these concepts in merchant shipping.
                                                               The book aims at:
                                                                Providing a comprehensive text about what marketing of shipping companies
                                                                  means.
                                                                Presenting the stages of marketing implementation in shipping companies.
                                                                Describing the marketing policies and philosophies of shipping companies.
                                                                Presenting a comparative analysis of marketing implementation in the leading
                                                                  tanker and liner shipping companies.
                                                                Analyzing the role of marketing as a tool for improvement of chartering policy.
                                                               This work is addressed to:
                                                                Shipping market practitioners whether or not they are directly engaged in
                                                                   marketing practice. For all of them - and particularly for those engaged in
                                                                   chartering and operation - marketing is likely to play a vital role in their careers.
                                                                Students with career interests in shipping industry and particularly in the
                                                                   fields of chartering, ship operation and management.
                                                                Students, who wish to become members of the Institute of Chartered
                                                                   Shipbrokers.
                                                               The content of this publication has been exposed to the criticism of shipping market
                                                               practitioners and shaped according to the comments of maritime academics.
                                                               Every chapter presents carefully selected cases to illustrate shipping marketing
                                                               strategies. Suggested references and extensive bibliography may inspire the reader
                                                               for further research.
                                    ISBN: 978-960-351-730-6
                                     Size: 17x24, Pages: 236



   ABOUT THE AUTHOR               Dr. Evi Plomaritou (eviplom@gmail.com) was awarded her PhD in “Marketing Strategy and Chartering
Policy of Shipping Companies” from the University of Piraeus (Greece). Currently, she is teaching in the fields of Shipping Marketing,
Services Marketing and Chartering Practice at the University of Piraeus, at the Frederick University of Cyprus as well as at the European
University. She is also a visitor lecturer at various academic institutions in Greece and abroad. Moreover, Dr. Evi Plomaritou is working
for the Institute of Chartered Shipbrokers (ICS) providing consulting and training services to shipping practitioners. In 2005, she was
actively involved with the foundation of the ICS Greek Branch. She is the author of the monograph titled “Marketing of Shipping Companies”
(Stamoulis Publications, 2006, in Greek), the co-author of the book titled “Chartering” (2nd edition, Stamoulis Publications, 2006, in Greek)
and the co-author of the book titled “Shipping Organizations Framework for Internal Assessment” (EBEN Publications, 2006, in English).
She is a member of the Chartered Institute of Marketing (CIM), the International Association of Maritime Economists (IAME), the Women’s
International Shipping and Trading Association Hellas (WISTA), the Hellenic Academy of Marketing (HELAM), the European Business Ethics
Network (EBEN) and the Hellenic Chamber of Economics.

      ABOUT THE ICS               A major provider of education and training, the Institute of Chartered Shipbrokers (www.ics.org.uk), sets
and examines the syllabus for membership providing the shipping industry with highly qualified professionals. Today, ICS is an internationally
recognised professional body, representing shipbrokers, ship managers and agents throughout the world. With 23 branches in
key shipping areas, 3,500 individuals and 120 company members, ICS membership represents a commitment to maintaining
the highest professional standards across the shipping industry. Founded in 1911, ICS was awarded its Royal Charter in 1920
and a Supplemental Charter in 1984, enabling international membership. Every year over 1000 students worldwide sit the
ICS Professional Qualifying Examination. In addition, ICS runs a variety of courses targeted at everyone, from new entrants
to people already in the industry, who want to gain more specialised knowledge. Therefore, training courses for individuals
and bespoke company packages are also organised by ICS. In this framework the ICS publishes and recommends shipping
business books, which meet the needs of market practitioners and of students by combining both theory and practice.




    STAMOULIS                 ATHENS: 2, Averof Str. 104 33, Greece, Tel.: +30 210 5238305, Fax: +30 210 5238959
    P U B L I C A T I O N S
Marketing of Shipping Companies
                       A Tool for Improvement of Chartering Policy
                        Evi Plomaritou

                        •	 CHAPTER	1                                                                                                                                             Marketing Strategies for Competitive Advantage -
CONTENTS

                                Characteristics of Sea Transport Services                                                                                                        Differentiation & Positioning
                                      Characteristics of Sea Transport Services                                                                                                  Marketing programs & action plans
                                      Intangibility                                                                                                                              Organization: 3rd stage of marketing implementation
                                                                                                                                                                                 in shipping companies
                                      Perishability
                                                                                                                                                                                 Implementation: 4th stage of marketing implementation
                                      Ownership
                                                                                                                                                                                 in shipping companies
                                      Inseparability
                                                                                                                                                                                 Control: 5th stage of marketing implementation
                                      Variability                                                                                                                                in shipping companies
                                      Adaptation                                                                                                                                 Marketing Philosophies
                                      Marketing of Shipping Companies
                                                                                                                                                                   •	 CHAPTER	3
                        •	 CHAPTER	2                                                                                                                                        Marketing as a Tool for Improvement of Chartering Policy
                                Implementation of Marketing in Shipping Companies                                                                                                Shipping Marketing and Customer Orientation
                                      Marketing Policies                                                                                                                         Charterer’s & Shipper’s Decision Process
                                      Procedure of Marketing Implementation                                                                                                      Charterer’s & Shipper’s Buying Behavior
                                      in Shipping Companies
                                                                                                                                                                                 Charterer’s and Shipper’s Chartering Policy
                                      Diagnosis: 1st stage of marketing implementation
                                                                                                                                                                                 The chartering policy in the tramp market
                                      in shipping companies
                                                                                                                                                                                 The chartering policy in the liner market
                                      Phase one: Marketing information system
                                                                                                                                                                                 Shipowner’s Chartering Policy
                                      Internal file subsystem
                                      Marketing information subsystem                                                                                              •	 CHAPTER	4
                                      Marketing research subsystem                                                                                                          Marketing Strategies of the Leading Shipping
                                      Marketing decision support subsystem                                                                                                  Companies in the World
                                      Phase two: Opportunities & threats analysis                                                                                                Empirical Research Methodology
                                      Phase three: Shipping market segmentation                                                                                                  Marketing strategies of the largest tanker companies
                                      Phase four: Evaluation of market segments                                                                                                  in the world
                                      Phase five: Choice of the target market                                                                                                    How do they perceive the charterers’ requirements?
                                      Planning: 2nd stage of marketing implementation                                                                                            Which marketing philosophy do they adopt?
                                      in shipping companies                                                                                                                      Which marketing strategy do they apply?
                                      Phase one: Marketing objectives                                                                                                            Marketing strategies of the largest liner operators
                                      Phase two: Situation analysis (SWOT analysis)                                                                                              in the world
                                      Phase three: Marketing strategies & programs                                                                                               How do they perceive the shippers’ requirements?
                                      Marketing strategies & shipping marketing mix                                                                                              Which marketing philosophy do they adopt?
                                                                                                                                                                                 Which marketing strategy do they apply?



                                                                                            OFFICES
                                  STAMOULIS                                                 ATHENS: 2, Averof Str. 104 33, Greece, Tel.: +30 210 5238305, Fax: +30 210 5238959
                                  P U B L I C A T I O N S                                   e-mail: info@stamoulis.gr - http://www.stamoulis.gr
#
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Shipping marketing

  • 1. Stamoulis Publications S.A. “Marketing of shipping companies is the science of business to business marketing, which helps the shipping enterprise establish an organised methodology in order the right people of the company (personnel and crew) to provide the appropriate sea transport services, with the proper (seaworthy and cargoworthy) vessel, to the appropriate clients (charterers – shippers), at the right place (port or geographical area), at the right moment of time, at the appropriate freight (or hire), with the suitable promotion”. the Institute Reco mmended by ipbrokers Sh of Chartered MARKETING OF SHIPPING COMPANIES A TOOL FOR IMPROVEMENT OF CHARTERING POLICY Marketing of shipping companies requires particular strategies and tactics that traditional marketing books do not fully reflect. This book does not attempt to replace them. Instead, it intends to fit fully within a framework of internationally accepted marketing principles and develop these concepts in merchant shipping. The book aims at:  Providing a comprehensive text about what marketing of shipping companies means.  Presenting the stages of marketing implementation in shipping companies.  Describing the marketing policies and philosophies of shipping companies.  Presenting a comparative analysis of marketing implementation in the leading tanker and liner shipping companies.  Analyzing the role of marketing as a tool for improvement of chartering policy. This work is addressed to:  Shipping market practitioners whether or not they are directly engaged in marketing practice. For all of them - and particularly for those engaged in chartering and operation - marketing is likely to play a vital role in their careers.  Students with career interests in shipping industry and particularly in the fields of chartering, ship operation and management.  Students, who wish to become members of the Institute of Chartered Shipbrokers. The content of this publication has been exposed to the criticism of shipping market practitioners and shaped according to the comments of maritime academics. Every chapter presents carefully selected cases to illustrate shipping marketing strategies. Suggested references and extensive bibliography may inspire the reader for further research. ISBN: 978-960-351-730-6 Size: 17x24, Pages: 236 ABOUT THE AUTHOR Dr. Evi Plomaritou (eviplom@gmail.com) was awarded her PhD in “Marketing Strategy and Chartering Policy of Shipping Companies” from the University of Piraeus (Greece). Currently, she is teaching in the fields of Shipping Marketing, Services Marketing and Chartering Practice at the University of Piraeus, at the Frederick University of Cyprus as well as at the European University. She is also a visitor lecturer at various academic institutions in Greece and abroad. Moreover, Dr. Evi Plomaritou is working for the Institute of Chartered Shipbrokers (ICS) providing consulting and training services to shipping practitioners. In 2005, she was actively involved with the foundation of the ICS Greek Branch. She is the author of the monograph titled “Marketing of Shipping Companies” (Stamoulis Publications, 2006, in Greek), the co-author of the book titled “Chartering” (2nd edition, Stamoulis Publications, 2006, in Greek) and the co-author of the book titled “Shipping Organizations Framework for Internal Assessment” (EBEN Publications, 2006, in English). She is a member of the Chartered Institute of Marketing (CIM), the International Association of Maritime Economists (IAME), the Women’s International Shipping and Trading Association Hellas (WISTA), the Hellenic Academy of Marketing (HELAM), the European Business Ethics Network (EBEN) and the Hellenic Chamber of Economics. ABOUT THE ICS A major provider of education and training, the Institute of Chartered Shipbrokers (www.ics.org.uk), sets and examines the syllabus for membership providing the shipping industry with highly qualified professionals. Today, ICS is an internationally recognised professional body, representing shipbrokers, ship managers and agents throughout the world. With 23 branches in key shipping areas, 3,500 individuals and 120 company members, ICS membership represents a commitment to maintaining the highest professional standards across the shipping industry. Founded in 1911, ICS was awarded its Royal Charter in 1920 and a Supplemental Charter in 1984, enabling international membership. Every year over 1000 students worldwide sit the ICS Professional Qualifying Examination. In addition, ICS runs a variety of courses targeted at everyone, from new entrants to people already in the industry, who want to gain more specialised knowledge. Therefore, training courses for individuals and bespoke company packages are also organised by ICS. In this framework the ICS publishes and recommends shipping business books, which meet the needs of market practitioners and of students by combining both theory and practice. STAMOULIS ATHENS: 2, Averof Str. 104 33, Greece, Tel.: +30 210 5238305, Fax: +30 210 5238959 P U B L I C A T I O N S
  • 2. Marketing of Shipping Companies A Tool for Improvement of Chartering Policy Evi Plomaritou • CHAPTER 1 Marketing Strategies for Competitive Advantage - CONTENTS Characteristics of Sea Transport Services Differentiation & Positioning Characteristics of Sea Transport Services Marketing programs & action plans Intangibility Organization: 3rd stage of marketing implementation in shipping companies Perishability Implementation: 4th stage of marketing implementation Ownership in shipping companies Inseparability Control: 5th stage of marketing implementation Variability in shipping companies Adaptation Marketing Philosophies Marketing of Shipping Companies • CHAPTER 3 • CHAPTER 2 Marketing as a Tool for Improvement of Chartering Policy Implementation of Marketing in Shipping Companies Shipping Marketing and Customer Orientation Marketing Policies Charterer’s & Shipper’s Decision Process Procedure of Marketing Implementation Charterer’s & Shipper’s Buying Behavior in Shipping Companies Charterer’s and Shipper’s Chartering Policy Diagnosis: 1st stage of marketing implementation The chartering policy in the tramp market in shipping companies The chartering policy in the liner market Phase one: Marketing information system Shipowner’s Chartering Policy Internal file subsystem Marketing information subsystem • CHAPTER 4 Marketing research subsystem Marketing Strategies of the Leading Shipping Marketing decision support subsystem Companies in the World Phase two: Opportunities & threats analysis Empirical Research Methodology Phase three: Shipping market segmentation Marketing strategies of the largest tanker companies Phase four: Evaluation of market segments in the world Phase five: Choice of the target market How do they perceive the charterers’ requirements? Planning: 2nd stage of marketing implementation Which marketing philosophy do they adopt? in shipping companies Which marketing strategy do they apply? Phase one: Marketing objectives Marketing strategies of the largest liner operators Phase two: Situation analysis (SWOT analysis) in the world Phase three: Marketing strategies & programs How do they perceive the shippers’ requirements? Marketing strategies & shipping marketing mix Which marketing philosophy do they adopt? Which marketing strategy do they apply? OFFICES STAMOULIS ATHENS: 2, Averof Str. 104 33, Greece, Tel.: +30 210 5238305, Fax: +30 210 5238959 P U B L I C A T I O N S e-mail: info@stamoulis.gr - http://www.stamoulis.gr # ORDER FORM  By phone: +30 210 5238305  By FAX: +30 210 5238959 @ By e-mail: info@stamoulis.gr Please send me: Marketing of Shipping Companies 30.00 € Pieces .................. Total ........................... € DELIVERY ADDRESS Different shipping costs apply according to your postal address. Information will be provided on the total (Please fill in only if delivery address is different cost of your order prior to its dispatch. No transaction will take place without your approval. from the postal address) ORDER DETAILS FULL NAME*.. ....................................................................................................................................... STREET ........................................................................ COMPANY .................................................................................................. POSITION .................................................................... NUMBER ...................................................................... STREET* ............................................................NUMBER* ......... FLOOR* ............. AREA* ............... POSTCODE* ..................... CITY* ....................................................................................................... COUNTRY* ................................................................... FLOOR ......................................................................... TEL.: .................................................................. FAX: ............................ e-mail* .......................................................................... AREA ........................................................................... INVOICE ISSUANCE: OCCUPATION ......................................................................... V.A.T. NUMBER .......................................... POSTCODE . ................................................................ *MANDATORY FIELD PERSON IN CHARGE .................................................. PAYMENT METHOD CASH ON DELIVERY CREDIT CARD: VISA MASTERCARD TEL: ............................................................................. PAY PAL Please charge my credit card with the sum of ________________ €. .............../.............../............... DATE CARD NUMBER: CARDHOLDER’ S NAME ............................................................................................. EXPIRY DATE: / SIGNATURE