REGISTRAR OF NEWSPAPERS OF INDIA
NO: DELENG / 2017 / 70663
official media partner of national maritime foundation
EXCLUSIVE COLUMN
EXCLUSIVE
CRISIS PERIOD STRATEGIES
By Murat BAKAL | 04/02/2023

As Turkey, we all need to know that our maritime sector must be one of the priority sectors in order to reach the point we aim for in the world, and we must do our part in this national struggle. In this regard, government incentive policies also play an important role

The maritime transport and shipbuilding industry is ready to become one of the most effective sectors in reducing Turkey's foreign trade deficit, as it is based on high added value. In addition, maritime transport and the shipbuilding industry play a very important role in reducing the unemployment rate. Developed countries in the world regard and support maritime and ship industry as strategic sectors. Various studies are carried out in this direction in our country, but they are not sufficient.

Considering the current situation of the maritime sector, the crisis experienced since 2008 is now leaving behind and has recently become an area of interest for investors. On the other hand, since the markets are expected to increase further, ship prices increase in parallel with the freight market. Yes, we have left the bad days behind, but we have to learn what are the strategies to be considered in order to take lessons and become stronger in the future.

It is important how Turkish ship owners will evaluate the coming years and what method they should follow in case of economic crises. Here, the first thing to be done by the shipowners is to have an effective fleet management in order to minimize the losses caused by costs and errors. An effective fleet management means having an office staff where ships are managed professionally. In addition, investments in ships with low operating costs are another option. For example, when choosing a ship, fuel consumption, spare parts consumption, machine tolerances are among the most important parameters.

According to the results of the economic crises in the Maritime Industry in recent years, it is obvious that the industry should be more careful and cautious in the coming periods. As the age of the ship increases, the operating costs will increase as a result. According to the data of the Istanbul Chamber of Shipping, the Turkish maritime fleet seems to be getting older. One of the biggest reasons why companies lose money during the economic crisis is the old age of the ships, the decrease in the value of the ship with the Port State arrests and their high operating expenses. Owning new ships reduces the operating costs of companies and enables chartering contracts to be made under more favorable conditions, as well as providing more successful results in Port State audits and ensuring that ships are not deprived of their commercial activities. In addition, it also causes our shipowners, who serve the sector in this competitive environment, to gain reputation in the maritime sector.

Major crisis periods may not provide opportunities for new investments due to cash shortages. In order to solve such problems, Turkish shipowners should turn to sister ship groups of different sizes in times of crisis. There may also be more than one company in a fleet of sister ships. This strategy is a business system adopted by foreign shipowners to overcome crisis periods. At the same time, thanks to the cooperation to be made, the flexibility of operation and timing will be provided with the shipowners of different countries, and the level of competition will be increased, but there is no sister ship and company understanding in the maritime sector of our country. Shipowners generally operate their own fleets. Due to the lack of sharing of risks in such understandings, it causes many companies in the sector to go bankrupt in times of crisis. The weak balance sheet and high debt level of our Turkish maritime sector reduces its future investments and credit opportunities for new ship purchases. It is known that especially our small-scale shipowners are forced to sell their ships at low prices due to their inability to pay their debts. The method that our small-scale shipowners should apply in such cases should be “creating common pools”. In addition to these, Turkish shipowners operating ships with foreign flags, engaging in maintenance-repair at foreign shipyards and preferring foreign-sourced ship management companies cause the Turkish Maritime Industry to weaken even more.

It is necessary to defend that the mentality needs to change once again in the Turkish maritime sector. Cooperation with foreign companies, taking into account long-term interests, can create an opportunity for new investors, and how can we use these opportunities for the sectoral development of our country? This is what we need to focus on.

If we consider that 80% of the goods we transport in foreign trade are by sea, it is obvious that the importance of the maritime sector is increasing day by day. As a result, if the Turkish maritime sector is encouraged by the state, together with other financial measures to be taken, the shipbuilding sector and the maritime sector, which is one of the main industries of Turkey, will overcome the effects of the crisis with the least damage. Thus, it will reflect positively on the Turkish economy both in terms of employment and foreign currency inflows to the country.

#Seaandcoast




COMMENT
Brent McEwen
The Memorial service Pot can be underway along with the Leaders currently have several leads participating in this yearly event – forwards Brayden Schenn (Kings’ first spherical decision,Cincinnati Reds Barry Larkin Nike Black 2023 City Connect Replica Player Jersey - Womens 6th overall,Men's Venezuela Baseball 2023 White World Big Logo With Patch Classic Jersey 2009 nfl draft) and Brandon Kozun (Kings’ sixth rounded option,Cincinnati Reds Joey Votto Nike Black 2023 City Connect Replica Player Jersey - Mens 179th over-all,Cincinnati Reds Joey Votto Nike Black 2023 City Connect Replica Player Jersey - Mens The year just gone draw up),Men's Dominican Republic Baseball Juan Soto LEGENDS Red 2023 World Baseball Classic Name & Number T-Shirt and also goaltender Martin Jones (agreed upon from the Noblemen as an unhindered cost-free broker with August.Men's Baltimore Orioles Fanatics Branded Black 2023 MLB Spring Training Diamond T-Shirt 2,Men's Minnesota Twins Nike Navy 2023 Large Logo T-Shirt-2023-ID23042281" target="_blank">Aaron Hicks New York Yankees Fanatics Authentic Game-Used #31 White Pinstripe Jersey vs.Men's USA Baseball #7 Tim Anderson 2023 World Baseball Classic Jersey - Navy San Francisco Giants on March 30,Men's Minnesota Twins Fanatics Branded Navy 2023 MLB Spring Training Diamond T-Shirt 2023 The year 2008).Cincinnati Reds Nike Black 2023 City Connect Replica Jersey - Womens

Brent McEwen,Men's USA Baseball #27 Mike Trout 2023 World Baseball Classic Jersey - Navy the actual Kings’ beginner search with Traditional western The us,Men's Houston Astros Fanatics Branded Navy 2023 MLB Spring Training Diamond Pullover Hoodie will be joining the wedding with Brandon,Men's USA Baseball #16 Will Smith 2023 World Baseball Classic Jersey - White Manitoba,Men's Japan Baseball Shohei Ohtani LEGENDS Red 2023 World Baseball Classic MVP T-Shirt and that he not too long ago answered the next concerns from LAKings.Men's USA Baseball #20 Pete Alonso 2023 WBC Jersey - Redweb.Men's Atlanta Braves Fanatics Branded Navy 2023 MLB Spring Training Diamond T-Shirt

LAKings.Women's USA Baseball #28 Nolan Arenado 2023 White World Classic Replica Jerseyweb: For anyone dance shoes followers that aren't accustomed to the actual Commemorative Cup,Men's Canada Baseball LEGENDS Black 2023 World Baseball Classic Federation T-Shirt who you actually determine the idea?Men's USA Baseball Blank 2023 WBC Jersey - Red

McEwen: This specific event would be the culmination of the year regarding Main Jr Handbags with North america.http://www.futeservices.comcom/Mens-USA-Baseball-15-Bobby-Witt-Jr-2023-World-Baseball-Classic-Jersey-Red-ID23033041" target="_blank">Men's USA Baseball #15 Bobby Witt Jr 2023 World Baseball Classic Jersey - Red The champs through the Quebec Major,Men's Arizona Diamondbacks Fanatics Branded Black 2023 MLB Spring Training Diamond T-Shirt European in addition to Mpls Groups gathering inside the variety town,Men's Mexico Baseball #7 Julio Urias Green 2023 World Baseball Classic Jersey and that is Brandon in 2010,Men's USA Baseball Nike Black 2023 World Baseball Classic Velocity T-Shirt along with the number workforce also participates which in 2010 may be the Wheat or grain Kings.Atlanta Braves Max Fried Nike White 2023 City Connect Replica Player Jersey - Mens-2023-ID23042290" target="_blank">Ron Marinaccio New York Yankees Fanatics Authentic Player-Worn #42 White Pinstripe Jersey vs.Baltimore Orioles Nike Black 2023 City Connect Replica Jersey - Youth Minnesota Twins on April 15,Men's Houston Astros Fanatics Branded Navy 2023 MLB Spring Training Diamond T-Shirt 2023 It is a real get together – a celebration with the Senior Groups plus a special event involving hockey.Men's Mexico Baseball #7 Julio Urias 2023 World Baseball Classic Jersey - White A great deal of persons receive town due to this which is a real affair.Men's Minnesota Twins Fanatics Branded Navy 2023 MLB Spring Training Diamond Pullover Hoodie There are a number of actions about the tournament,Men's USA Baseball Blank 2023 Navy World Baseball Big Logo Classic Jersey which is a sound 10 days involving handbags,Men's Arizona Diamondbacks Fanatics Branded Black 2023 MLB Spring Training Diamond Pullover Hoodie and there's a great deal to experience the following.Men's Chicago Cubs Fanatics Branded Royal 2023 MLB Spring Training Diamond Pullover Hoodie It is a good event.Cincinnati Reds Barry Larkin Nike Black 2023 City Connect Replica Player Jersey - Mens

LAKings.Men's USA Baseball Paul Goldschmidt Nike Navy 2023 World Baseball Classic Name & Number T-Shirtcom: What is your own purpose right now there this year?Houston Astros Alex Bregman Nike White/Gold 2023 Gold Collection Replica Player Jersey - Mens

McEwen: It is important to have got a reputation below.Women's USA Baseball #30 Kyle Tucker 2023 WBC Jersey - White You currently have players in every crew who're draft eligible nevertheless there are all of them a great deal and much of it really is validating what we have noticed from their store before.Women's USA Baseball #3 Mookie Betts 2023 White World Classic Replica Jersey We have about three of our own players in this article and also you are able to view all of them participate in.Men's USA Baseball Nolan Arenado Nike White 2023 World Baseball Classic Name & Number T-Shirt Unfortunately Brandon Kozun can be harm and that he is actually isn’big t playing at this time right after enjoying from the first game of this contest.http://tenderheartinternational.comBaltimore Orioles Cal Ripken?Men's USA Baseball #3 Mookie Betts 2023 WBC Jersey - RedNike Black 2023 City Connect Replica Player Jersey - Youth He simply have a couple of changes anf the husband has gone out throughout the actual contest.Cincinnati Reds Joey Votto Nike Black 2023 City Connect Replica Player Jersey - Youth Over-all,Women's USA Baseball #31 Cedric Mullins 2023 WBC Jersey - White it's a possible opportunity to notice people,Men's New York Yankees Fanatics Branded Navy 2023 MLB Spring Training Diamond T-Shirt to travel to,Cincinnati Reds Barry Larkin Nike Black 2023 City Connect Replica Player Jersey - Mens to dicuss which has a gamer below or even at this time there.Atlanta Braves Hank Aaron Nike White 2023 City Connect Replica Player Jersey - Womens You may additionally get to stop by using a person that lifestyles within the location.Men's Japan Baseball Blank 2023 WBC Jersey - Black-2023-ID23042286" target="_blank">Jimmy Cordero New York Yankees Fanatics Authentic Player-Worn #42 White Pinstripe Jersey vs. Minnesota Twins on April 15, 2023 It is going to be in this article and be for sale with all the current groups and all the Senior team management as well as the game titles.

LAKings.net: Exactlty what can you say to Leaders enthusiasts concerning the continuing development of Schenn?

McEwen: The most important running he's got produced is within the team connected with readiness. He is usually a twelve months more mature and then he is twelve months more knowledgeable than once we drafted them. You are able to see your talents in his game – a chance to make takes on and he carries a authentic edge against their competitors. You verify him get older along with experience which readiness process that a young child undergoes off their set up twelve months. You furthermore see it from your cultural perspective.

LAKings.org: Along with what regarding Jackson?

McEwen: You are free to see him or her finish one more year and that he has been the highest goalie in the European Little league this current year. His advancement from when many of us produced him to help camping immediately after being a non-drafted gambler and deciding upon him or her has become incredible. He has been a actual steady person with regard to Calgary and the man is just about the large good reasons they can be within this contest.

ABOUT BRENT McEWEN
Brent McEwen continues to be a newbie hunt for your Noblemen due to the fact 04. Prior to be able to signing up for the actual Leaders, McEwen loved the diverse track record to be a gm, instructor in addition to tutor.

From 1997-2004, McEwen helped your Saskatoon Mower blades with the American Dance shoes League, in which he organised this subject connected with general manager, hockey as well as company procedures. He also ended up being mixed up in the Category exactly where they ended up being chairman from the workforce companies board; affiliated with the officiating and schooling committees; as well as different governor.

Prior to help joining this Mower blades, McEwen used 4 years within The european countries. For a single year this individual had been the national staff go coach for your Norwegian Ice Baseball Federation. Within 1995-96, this individual seemed to be the actual top mentor for Rogle BK from the Remedial Top notch League, along with before he provided for just two months because the brain mentor intended for Vita Hasten of the Remedial Department Just one little league.

Before enrolling in your expert rates, McEwen pertaining to Decade did wonders for the College or university of Saskatchewan where by their duties integrated instruction the College Tennis System; Growth and Management of the particular Baseball School; as well as educating.

A own associated with Whitewood, Saskatchewan, McEwen, Fifty four, graduated from your School connected with Saskatchewan with 1983. He with his fantastic better half, Ellen, have a couple of children: a new child, Duncan, and also a girl, Kirsten. They are now living in Saskatoon, Saskatchewan.