By Olav Eek Thorstensen, Executive Chairman, Thome Group
A 55 Year Anniversary Message to our valued Thome colleagues, both ashore and at sea
This year is a very important one in the history of the Thome Group because it was 55 years ago, in 1963, that the company was first incorporated in Singapore. And it is with sincere thanks to the hard work and dedication of the Thome family of employees over the past five and a half decades, that the Group has successfully grown into one of the largest and most highly-respected ship management and shipping services companies in the world.
The fact that the company has reached the 55 years milestone, also bears testimony to Singapore’s position as an international maritime centre and the services rendered from there. It means we have been able to follow the technological evolution and maintain management capabilities that meet the requirements of owners and the industry all over the world, now and well into the future.
Ship management is a more demanding business than ever before, largely because of increased international and port state control regulation. There is greater international focus on safety and the environment and the desire by principals for better cost control, will undoubtedly drive more stringent requirements in the future.
Keeping Thome focused as a family business offering hands-on ship management services has been our strength. Our determination to provide quality services to meet owners’ requirements has been essential in forging and preserving the high level brand reputation we enjoy today. Higher educated professionals and additional staff are required to manage today’s vessels, meaning higher operating costs for ship managers. For a manager to survive in the future they need to improve their IT systems and outsource support services to locations with lower cost levels.
But ship management is constantly evolving and as a Group, we must remain agile enough to adjust and adapt to compete at the highest level. Some values remain – such as safe and cost-effective operation and regulatory compliance but there are other factors that will demand focus such as efficiency in operations, digitalisation, global presence and the supply of added marine services.
I would like to personally thank all the sea and ashore staff who have served Thome during these 55 years. Without their dedicated service, Thome success had not been possible. Let us all look forward with energy and passion to the opportunities that lie ahead.