Technical management
Encyclopedia
Technical management involves the duties a shipping company must perform for the technical operation of a vessel. This involves management related to crew
Crew
A crew is a body or a class of people who work at a common activity, generally in a structured or hierarchical organization. A location in which a crew works is called a crewyard or a workyard...

 management with related tasks, logistics related to operations as well as operations, service and maintenance.

Often technical management is performed by the ship owning company, but not always. Technical management is sometimes performed by separate companies than the commercial management, that involves chartering
Chartering (shipping)
Chartering is an activity within the shipping industry. In some cases a charterer may own cargo and employ a shipbroker to find a ship to deliver the cargo for a certain price, called freight rate. Freight rates may be on a per-ton basis over a certain route or alternatively may be expressed in...

of the vessels and the financial aspects that is performed by the owner company.

Technical manager also involves managing all areas of technical support.
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