Technical Risk Monitoring: Idwal Marine support major shipping banks to monitor fleet

On behalf of a well-known shipping bank, Idwal Marine is the chosen partner to monitor, inspect and provide technical oversight support to a diverse sale/lease-back fleet of over 45+ vessels currently in the water.

A relationship spanning three years has seen our service develop alongside the growth of this significant portfolio and involves continuous monitoring and oversight of the condition and performance of the fleet ensuring that the equity stakeholders have the confidence that their important assets are being maintained by the bareboat charterers at all times.

We have seen many of the vessels from construction through to delivery and into service, and continue to remotely monitor condition to ensure our clients’ interests are always protected.

Overseen and supported at the highest level by our Group Technical Director – Philip Atkinson, the service gives our client the peace of mind to know we are ‘managing the managers’ and always protecting our clients’ interests.

Phil comments ‘We take our role very seriously and see ourselves very much as an extension of our clients office. Our focus is providing the technical and operational expertise which they lack in-house, along with the benefit of our industry knowledge across all sectors. We are on hand at all times.’

Andy Taylor