Anglo-Eastern reports positive growth amid managerial changes

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Shipmanagement giant Anglo-Eastern has committed itself to continued annual growth of between 10% and 15% with both main board directors determined to build on the Group’s position as one of the top five third party technical management companies in the world.

The company which currently manages 360 vessels has made a number of key changes within its management team to ensure its continued growth.

The senior management positions of Chief Executive Officer (Peter Cremers), Chief Operating Officer (Marcel Liedts) and Chief Financial Officer (Richard Wong) have been elevated to a more overall supervisory position, overseeing the strategic direction, and development of the whole group. In addition, managing directors have been appointed for different departments and overseas offices.

Marcel Liedts said: “By increasing the responsibilities of our senior line management we will be able to maintain our annual growth of 10%-15%, while maintaining control of the high standards of safety and quality technical management Anglo-Eastern is known for. This will allow Peter, Richard and myself to focus on controlling our growth and optimising our Group operations.”

In response, Peter Cremers added: “There are continuous challenges in building and growing a company of Anglo-Eastern’s size. Our past success have also allowed us to give something back to our seafarers, who come from India, Philippines, Ukraine, China, Latvia and others, in terms of our cadet programme and the Anglo-Eastern Maritime Academy (AEMA) which was established in India in 2009.

But what issues continue to concern the Anglo Eastern directors? Peter Cremers again: “Industry wise, piracy continues to be a growing problem and as a company we have our own views on this subject. Shortages of officers and crews continue to plague us, especially the quality of the seafarers required in today’s complex seagoing environment. All this continues to create cost pressures for the industry and Anglo-Eastern. But as we have said at the start, Anglo-Eastern stands for quality and safety above all else. Consequently, while shipmanagement fees are always an issue, we have been lucky in working for owners who continue to support our policies of avoiding short cuts and paying for quality.”