PTS to Manage Lake House Boxship Pair

Shailaja A. Lakshmi
Sunday, October 27, 2019

Lake House, a Hong Kong and London based investment company, has appointed PT-Shipmanagement (PTS), a Hamburg based company, to manage two container ships.

The two ships have a capacity of 1,300 TEU each and sail with an average crew of 15. The reason for the change to PTS was the high level of digitalisation and improved transparency on actual costs incurred.

Lake House expects the ships to operate at significantly lower costs and improved yields, said a press release from the company.

PT-Shipmanagement  is a maritime service provider that specializes in optimizing technical ship operating costs and simplifying and digitizing administrative processes.

Categories: Container Ships Ship Management

Related Stories

Trump, Xi Pause Port Fees on Each Other's Vessels

APM Terminals Eyes $2 billion Investment in Indian Port

Chinese Container Ship Completes Northern Sea Route, Halves UK Delivery Time

Current News

Liebherr USA Appoints New Divisional Director

Port Houston Surpasses Three Million TEUs

Trump, Xi Pause Port Fees on Each Other's Vessels

US Grants India Sanctions Waiver to run Iranian Port

Subscribe for Maritime Logistics Professional E‑News