Services

Accord targets older tonnage sector

Baird Maritime

Sanjay Shesh and Ashok Srivastava took over management of Accord on behalf of Nepa Projects & Investments of Hong Kong in January 2010 as a part of a company restructuring.

Managing Director, Sanjay Shesh is based in Hong Kong and Srivastava is CEO of Accord India.

Ashok Kumar Srivastava was Accord's CEO in India, he has 35 years experience in ship management working as CEO of Arcadia Shipping and executive director for Tolani Shipping. Mr Srivastava set up India's first private sector maritime training institute focusing on pre-sea training for marine engineers.  

Established in 1992, Accord has managed various types of ships including livestock, bulkers, tankers, and Ro-Ro vessels. Accord has also managed new buildings and newer tonnage. The company manages the world's largest trans-shipper and will soon manage the oldest operating trans-shipper.

"We have been inundated with inquiries in recent weeks as owners with tonnage older than 15 to 20 years have found it difficult to secure ship management services," said Mr Shesh, who is also the Executive Director of NEPA Project and Investments in Hong Kong.

"Accord has a very experienced team, strategically located in Hong Kong and India and has extensive technical knowledge to manage ships irrespective of the age of the ship. We have also found that we have the flexibility to manage vessels that our larger competitors would find a challenge," said Mr Shesh.

"Because of the lower cost base we are able to allocate more resources to vessels under our management delivering a high level of service to the ship owners. In practical terms it means that we are able to deploy one superintendant to manage two or three ships, a figure much higher in terms of focus, than to the average four or five ships that a superintendent in any other company would manage," said Mr Srivastava.   

For further information contact:

Accord Shipping, India