The World Of Ship Management 80% of international trade is transported by sea where such operations have seen annual growth rates of 4%. It is evident that the maritime transport industry plays an essential part in the supply chains of modern day business. Like in many other industries many ship-owners have looked to specialize in their value-adding activities and to outsource portions of their non-core competency operations. This is particularly prevalent for activities related to ship management. Path To Competitive Advantage Over the last two decades, studies have identified many factors that influences owners’ decision to outsourcing their fleet’s ship management. The more prevalent factors influencing such decisions are: •.