Services

Maintenance & Supervision

We, at Coral, believe a vessel must be technically, structurally and cosmetically sound. We believe in permanent solutions to problems. There are no sort cuts in maintaining a vessel. Our long-standing staff of experienced marine superintendents pursue a policy of sound preventive maintenance. High maintenance standards not only safeguard the lives of our seafarers and the environment but it is also a compelling selling point for our customers, enhance earnings, cut dry-docking costs and protect the residual values of our vessels.

Procurement

The punctual supplying of our vessels with the necessary, materials, tools, spares and stores to operate efficiently, and providing our crews with the needed amenities to live comfortably and with dignity while serving at sea it is also of great importance. The practices followed by the procurement department of Coral reflect the ethical standards prevailing throughout the company, our commitment to our seafarers and our ships as well as the vessel owners who always get the best possible prices without compromising quality.

Performance Monitoring

Our operating staff systematically monitors the speed and fuel/lubricant consumption of our vessels as a fundamental cost control function as part of the commercial relationship with the vessel owners and the vessel charterers.

Repair Contract

An important responsibility of any shipping company is to obtain the best terms in shipyard negotiations, whether for a new building or for dry-docking an existing vessel. An essential part of protecting the owners’ interests it is to prepare very detailed and complete specification of the work in hand and to negotiate the best prices and terms well in advance of any scheduled maintenance. This is a task that the technical staff of Coral is very familiar with and they fully understand the importance of a detailed and fully agreed specification well in advance of any scheduled maintenance.

Accounting & Reporting

A necessary function in any business is the management and control of financial resources, the recording of financial accounts and accurate reporting of financial results. It is our belief that accounting and reporting of financial results is of essence if done within a certain time frame and we attach importance to the timely performance of these responsibilities.

Insurance

Our reputation in the market and our impeccable insurance record with first class Hull & Machinery underwriters as well as P&I Clubs provides our customers with the best possible rates and security they can relay upon.