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ESM BAGS TOP AWARDS FOR BP OVERALL YEARLY PERFORMANCE LISTING

We are extremely pleased to announce that 7 ships managed by Executive Ship Management Pte Ltd. are among the top 10 vessels in BP Shipping's 2004 "overall yearly performance listing" of their fleet vessels. We find the recognition of our ships' performance very heartening. We attribute this stellar performance to the dedication and hard work of our well-trained officers and crew members on ships and the staff of our various shore offices. Please see the below picture showing the table listing the top 10 vessels.

The original listing of BPS operated fleet has been prepared for 40 tankers operated by them and in order to tabulate the performance, the following standardized criteria is taken into account by them for allocating the marks under each category to individual vessels:

Speed and consumption
Pumping performance
Vessel availability
Budgetary performance
HSE performance
Oil major approvals
Terminal reports
Bonus points

Page - 4 Volume 5 , Issue 3 Dt - 01-03-2005 | ENB History | Home | <<Page 3