As an asset and investment manager, Ernst Russ controls and coordinates all steps starting with the identification and purchase of a suitable vessel, from the development of an employment strategy and the selection of the ship's technical manager and the crew company through to the development and implementation of the right disposal strategy together with selected brokerage companies.
The company itself regularly takes over the complete commercial management of all ship investments. This also includes the examination and monitoring of all contracts and cash flows as well as real-time budget control, which we can carry out by means of the complete and digital networking of the individual ships and service providers with our IT systems. With this direct access to details of ship operation at all times, we can ensure prompt and high-quality investor reporting. Overview of our services:
Asset- und Investment-Management
A professional team accompanies the entire duration of the investment: initial, full due diligence (legal, financial, commercial, technical) as well as the ship acquisition and later the sale.
Digitalised control and monitoring of all operational activities such as operations, technical management, accounting, computer-aided cash flow and liquidity planning.
Payment transactions, preparation of financial statements, treasury.
The structuring and management of equity and external financing.
Financial Controlling and Risk Management
Budget monitoring, quarterly deviation analysis, stress tests.
Control of Ship Operations
Continuous market observation and strategy-oriented employment of the vessels in close cooperation with market-leading freight companies
Taking over the communication between the ship and the charterer guarantees a smooth ship operation and ‘first-hand’ information
Development of crew management strategies together with leading crewing agencies
Review and monitoring of appropriate insurance cover right through to independent supervision of claims settlement
Integrated monitoring of the ship operation carried out by the commissioned ship managers as well as coordination of technical maintenance measures and shipyard visits for the entire fleet